IMPLEMENTATION OF INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS (IPSAS): VARIABLES AND CHALLENGES, ADVANTAGES AND DISADVANTAGES

International Public Sector Accounting Standards (IPSAS) are developed by the International Public Sector Accounting Board (IPSAB) and aim to harmonize international accounting in the public sector. Although the adoption of IPSAS is considered a necessary condition for the harmonization of accounti...

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Main Authors: IULIANA CENAR, ECATERINA CIOBAN
Format: Article
Language:English
Published: University of Petrosani 2022-10-01
Series:Annals of the University of Petrosani: Economics
Subjects:
Online Access:https://www.upet.ro/annals/economics/pdf/2022/5).%20Cenar_Cioban.pdf
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author IULIANA CENAR
ECATERINA CIOBAN
author_facet IULIANA CENAR
ECATERINA CIOBAN
author_sort IULIANA CENAR
collection DOAJ
description International Public Sector Accounting Standards (IPSAS) are developed by the International Public Sector Accounting Board (IPSAB) and aim to harmonize international accounting in the public sector. Although the adoption of IPSAS is considered a necessary condition for the harmonization of accounting systems in the public sector and for meeting the needs of transparency, comparability and completeness of financial information, the degree of adoption of these international standards is still quite low. Therefore, this article aims to analyze the IPSAS adoption process in terms of challenges, advantages and disadvantages.
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publisher University of Petrosani
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series Annals of the University of Petrosani: Economics
spelling doaj-art-5ab48ae5542f492fb79fd7d2703dda2c2025-08-20T01:56:09ZengUniversity of PetrosaniAnnals of the University of Petrosani: Economics1582-59492247-86202022-10-012215564IMPLEMENTATION OF INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS (IPSAS): VARIABLES AND CHALLENGES, ADVANTAGES AND DISADVANTAGESIULIANA CENAR0ECATERINA CIOBAN1“1 Decembrie 1918” University of Alba Iulia, Romania“1 Decembrie 1918” University of Alba Iulia, Romania International Public Sector Accounting Standards (IPSAS) are developed by the International Public Sector Accounting Board (IPSAB) and aim to harmonize international accounting in the public sector. Although the adoption of IPSAS is considered a necessary condition for the harmonization of accounting systems in the public sector and for meeting the needs of transparency, comparability and completeness of financial information, the degree of adoption of these international standards is still quite low. Therefore, this article aims to analyze the IPSAS adoption process in terms of challenges, advantages and disadvantages.https://www.upet.ro/annals/economics/pdf/2022/5).%20Cenar_Cioban.pdfipsasadvantagesdisadvantageschallengespublic sector accountingtransparency
spellingShingle IULIANA CENAR
ECATERINA CIOBAN
IMPLEMENTATION OF INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS (IPSAS): VARIABLES AND CHALLENGES, ADVANTAGES AND DISADVANTAGES
Annals of the University of Petrosani: Economics
ipsas
advantages
disadvantages
challenges
public sector accounting
transparency
title IMPLEMENTATION OF INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS (IPSAS): VARIABLES AND CHALLENGES, ADVANTAGES AND DISADVANTAGES
title_full IMPLEMENTATION OF INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS (IPSAS): VARIABLES AND CHALLENGES, ADVANTAGES AND DISADVANTAGES
title_fullStr IMPLEMENTATION OF INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS (IPSAS): VARIABLES AND CHALLENGES, ADVANTAGES AND DISADVANTAGES
title_full_unstemmed IMPLEMENTATION OF INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS (IPSAS): VARIABLES AND CHALLENGES, ADVANTAGES AND DISADVANTAGES
title_short IMPLEMENTATION OF INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS (IPSAS): VARIABLES AND CHALLENGES, ADVANTAGES AND DISADVANTAGES
title_sort implementation of international public sector accounting standards ipsas variables and challenges advantages and disadvantages
topic ipsas
advantages
disadvantages
challenges
public sector accounting
transparency
url https://www.upet.ro/annals/economics/pdf/2022/5).%20Cenar_Cioban.pdf
work_keys_str_mv AT iulianacenar implementationofinternationalpublicsectoraccountingstandardsipsasvariablesandchallengesadvantagesanddisadvantages
AT ecaterinacioban implementationofinternationalpublicsectoraccountingstandardsipsasvariablesandchallengesadvantagesanddisadvantages