Evaluation Of The Cost And Benefits Of Ipsas To Financial Reporting In Nigerian Public Sector

Abstract  The researcher intends to find out the cost and benefit of adopting and implementing IPSAS to financial reporting in the Nigeria public sector. The cost of implementing the standard is actually a big task as it would mostly involve the cost of training personnel, writing of new accounting manuals, installation of adequate information and communication technology software for the programme both at the Federal, State and Local government, among others. On the economic side, Ngama (2012) noted that the adoption of IPSAS would provide the basis for the establishment of a harmonized budge…