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This study focussed on analysing the influence of environmental dynamics (political system, economic structure and cultural predisposition) on the execution of IPSAS in Nigeria. Primary data were elicited from 1500 public sector respondents within the South –South geographical region of Nigeria. Further data analysis was carried out via factor analysis, ANOVA and regression analysis. Findings from the study revealed that economic structure positively influenced the execution of IPSAS within the Nigerian public entities while political system and cultural predisposition were not significant in influencing IPSAS execution, furthermore, that cost of implementation, personnel training with regards to IPSAS awareness and knowledge, significantly influenced IPSAS execution in Nigeria. Consequently, it is recommended that (a) that the federal government should commit significant budgetary allocations and equally ensure adequate virement of such allocated funds for the effective and faith full execution of IPSAS across the Federal and Sub- national government .also (b) government should institute an effective regulatory agency to exercise oversight over its Ministries Departments and Agencies to ensure strict compliance with the IPSAS implementation guidelines while sanctioning non-compliance.
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In-Text Citation: (Madawa & Frank, 2022)
To Cite this Article: Madawa, S. C., & Frank, E. O. (2022). Examining The Influence of Environmental Dynamics on International Public Sector Accounting Standards (IPSAS) Execution in Nigeria. International Journal of Academic Research in Business and Social Sciences, 12(8), 507 – 520.
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