Impact of Innovation Characteristics on Accrual Basis International Public Sector Accounting Standards Implementation (IPSASIMPL) in Nigeria

Aliyu Abdullahi Ahmed, Ibrahim Yusuf and Abubakar
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Aliyu Abdullahi Ahmed: Department of Accounting, ABU Business School, Ahmadu Bello University, Zaria, Nigeria
Ibrahim Yusuf: Department of Accounting, ABU Business School, Ahmadu Bello University, Zaria, Nigeria
Abubakar: Department of Accounting, American University of Nigeria, Yola, Nigeria

International Journal of Innovation and Economic Development, 2023, vol. 8, issue 6, 12-22

Abstract: Drawing from Roger’s theory of diffusion of innovation, this paper examined the accrual basis IPSASIMPL in Nigeria. The population of the study comprised the 260 accounting staff of all the 6 Federal Government Institutions in Zaria. The sample size was 155 accounting staff using Krejcie and Morgan table. The sampling technique adopted was proportionate stratified random sampling techniques. Data were collected through the use of Questionnaires and analyzed using binary logistic regression techniques. The study found that Relative Advantage (RELADV) was positive and significantly related to accrual basis IPSASIMPL in Nigeria. However, Compatibility (COMPAT) and Observability (OBSERV) are positive but insignificantly related to accrual basis IPSASIMPL in Nigeria. Complexity (COMPLEX) is inversely and significantly related to accrual basis IPSASIMPL in Nigeria. Trial-ability (TRIALA) is the only factor that was negative and insignificantly related to accrual basis IPSASIMPL in Nigeria. It was therefore concluded that RELADV and COMPLEX have impacted on accrual basis IPSASIMPL in Nigeria. However, COMPAT, OBSERV and TRIALA have not impacted on the accrual basis IPSASIMPL in Nigeria. The study recommends for an increased consideration of the benefits of IPSAS and its complexity to facilitate the implementation process of accrual basis IPSAS in Nigeria.

Keywords: Innovation diffusion theory; IPSAS; IPSAS Implementation; Federal Government Institutions; Nigeria (search for similar items in EconPapers)
JEL-codes: M00 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:mgs:ijoied:v:8:y:2023:i:6:p:12-22

DOI: 10.18775/ijied.1849-7551-7020.2015.86.2002

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