The Benefits and Challenges of Adopting the International Public Sector Accounting Standards in Foreign Charities in Ethiopia
| dc.contributor.advisor | Tekele, Yitbarek (PhD) | |
| dc.contributor.author | Juhar, Sanni | |
| dc.date.accessioned | 2018-11-02T11:39:31Z | |
| dc.date.accessioned | 2023-11-04T09:02:57Z | |
| dc.date.available | 2018-11-02T11:39:31Z | |
| dc.date.available | 2023-11-04T09:02:57Z | |
| dc.date.issued | 2017-02 | |
| dc.description.abstract | This study examined the benefits and challenges of adopting the International Public Sector Accounting Standards (IPSAS) in the foreign charity organizations working in Ethiopia. The objectives of the study was to provide an insight on the contribution of adopting IPSAS in enhancing the level of accountability, transparency, strengthening the stakeholders perception of the standards and taking educational and professional responsibilities. The population of study was 353 foreign charity organizations and 2 government offices (CHSA and AABE). Using purposive sampling,35 foreign charities organizations and 2 government offices were selected for this study. 75 sample respondents, who were understanding IPSAS's objectives and were responsible for the adoption process, were taken from the above institutions to fill the questionnaire. Before processing the responses, the completed questionnaires were edited for completeness and consistency. The data was then coded to enable the responses to be grouped into various categories. Data were analyzed using descriptive statistics, correlations, and multiple linear regression analysis The main results evidenced that the adoption of IPSAS enhances level of accountability through asset management and transparency in information provided in the financial reports. It was also found that IPSAS adoption is feasible target and clearer understanding of the standard leads to effective implementation. It was also observed that Charity organizations , CHSA,AABE, Universities and professionals need to take the educational and professional responsibilities for qualifying the standards which leads to effective implementation and bring the greater advantages. However, the adoption of IPSASs will have challenges including cost of training ,new manuals, unavailability of adequate staffs in the market, lack of wide participation in the organization, difficulty in recognition, measurement and valuation of assets, delay in amendment to local regulations and lack of coordination and communication. It was recommended that Foreign Charity Organizations should adopt IPSASs for better management, accountability and transparency in financial reporting which implies that CHSA need to amend the existing financial reporting framework proclamation no 621/2009. AABE should also encourage the use of IPSAS which help to attract more donors with big resource into the country. Key words: Accountability, Transparency, adoption, IPSAS, Foreign Charity Organization in Ethiopia. | en_US |
| dc.identifier.uri | http://etd.aau.edu.et/handle/123456789/13676 | |
| dc.language.iso | en | en_US |
| dc.publisher | Addis Ababa University | en_US |
| dc.subject | Accountability | en_US |
| dc.subject | Transparency | en_US |
| dc.subject | adoption | en_US |
| dc.subject | IPSAS | en_US |
| dc.subject | Foreign Charity Organization in Ethiopia. | en_US |
| dc.title | The Benefits and Challenges of Adopting the International Public Sector Accounting Standards in Foreign Charities in Ethiopia | en_US |
| dc.type | Thesis | en_US |