An Assessment of IPSAS Adoption in Kano State: Application of Diffusion Theory of Innovation
DOI:
https://doi.org/10.23918/ejmss.V6i1p20Keywords:
Compatibility, Complexity, IPSAS, Relative Advantage.Abstract
To collect the quantitative data for the study, 300 five point likert-scale questionnaires were administered on a sample accountants, auditors and planning officers of the state civil servants. After preliminary analysis, descriptive statistics was used to analyze the data. This study confirms that the respondents perceived the relative advantage yield (path coefficient of 0.224, and p value at 1% 0.001), compatibility shows (path coefficient of 0.000, and p value at 0.997), complexity yield (path coefficient of -0.114, and p value of -0.069) all are related to adoption in Kano state. The findings of the present study indicated that relative advantage and compatibility of IPSAS have a strong influence on the public sector financial reporting over the traditional cash basis. Similarly, most of the civil servant perceived that IPSAS adoption sometime becomes complex and difficult to understand. This outcome is very generic where a strong system of cash basic accounting exists.
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