An Empirical Evaluation Of Ipsas On Public Sector Financial Management In Nigeria

Over the years, countries of the world have defined and setthe standards of financial reporting in their individual territories. However,globalization has brought about ever increasing collaboration, internationaltrade and commerce among the countries of the world; hence, there is grave needfor increased uniformity in the standards guiding financial statements so thatsuch statement would remain comprehensible and convene the same information tousers across the world. The need for the development of unified accountingstandards has been the primary driver of international public sector Accountin…