Assessment of Accounting Standards Adoption, Sanction, and Corruption Control in Nigerian Public Sector: Evidence from Edo, Delta, Anambra, and Enugu States

This study investigated the extent to which corruption had been control in Nigerian public sector through International Public Sector Accounting Standards adoption and sanction for non-compliance with IPSAS. The research was conducted in Delta, Edo, Enugu, and Anambra States’ public sector. Primary data were gotten through Five Likert Scale (SA, A, U, D, SD) structured questionnaire. Survey design was used in this work. A total of one hundred and sixty-two (162) accountants with two years and above years of working experiences were sampled. Systematic Sampling Technique (SST) was employed on geo-political basis in selecting 162 respondents in the four states public organisations. Descriptive statistical techniques such as frequency distribution, charts, tables, and percentages response analysis were used in analyzing the data. Cronbach alpha coefficient was used to test for reliability of the research instrument and the result was (.7). The hypotheses were tested employing the Chi-square Technique (CsT). The result of the analysis revealed that International Public Sector Accounting Standards adoption aid in corruption control in the Nigerian public sector and that accountants in Nigerian public sector are sanction for failure to comply with International Public Sector Accounting Standards (IPSAS). The study therefore recommended that IPSASB should give a clear guide or regulation preferably a different standard of sanction and public accountant should be given proper and adequate training on IPSAS application in the public sector in Nigeria