Public Sector Accounting Standards And Financial Reporting In Central Region County Governments, Kenya

ABSTRACT Over the years, through the Institute of Certified Public Accountants of Kenya, practitioners have championed the adoption of Public sector accounting standard (IPSAS) in Kenya. However, much of this took place in boardrooms, conferences and seminars. It was not until 2014 when treasury, the auditor general and Ernest and Young teamed up to steer the IPSAS adoption in the central government, that the implementation actually commenced. This research assessed the impact of implementation of International Public Sector Accounting Standards on financial reporting in the public sector in …