An analysis of government financial reporting transparency in developing economies: the extent of compliance with cash-based IPSAS disclosures

  • Authors

    2025-01-07
    https://doi.org/10.14419/rwjt2n26
  • Cash-Based IPSAS; Developing Economies; Disclosure Index; New Public Management; Non-Compliance Areas

  • Abstract

    This study aims to assess the degree of government compliance with cash-based IPSAS disclosure requirements in developing economies, and to highlight the areas of non-compliance relating to this standard. Based on a self-constructed checklist consisting of 68 disclosure items for a sample of 248 entity-year-observations relating to 62 central government entities from 10 DCs, the study findings reveal significant diversities in compliance levels with cash-based IPSAS disclosure requirements between the selected countries, varying between 33.8 % and 80.8 %, with an overall mean compliance index of 55.1% over the 2020-2023 period. Moreover, the research results demonstrate that, despite the significant improvement in the cash-based IPSAS disclosure level over time, full compliance with this standard has not been achieved by government entities. Thus, a number of non-compliance areas are identified in the present research. This paper contributes to the public sector accounting literature by providing new insights into the degree of government financial transparency in the context of developing countries. This research is among the first to focus exclusively on the analysis of compliance level with cash-based IPSAS and to identify the main areas of non-compliance with this standard.

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  • How to Cite

    MNIF, Y., & Sahbi MALLEH. (2025). An analysis of government financial reporting transparency in developing economies: the extent of compliance with cash-based IPSAS disclosures. International Journal of Accounting and Economics Studies, 12(1), 1-9. https://doi.org/10.14419/rwjt2n26