The impact of IPSAS adoption on corruption in developing countries

This paper investigates whether the International Public Sector Accounting Standards (IPSAS) is a potential enabler or constrainer of corruption in developing countries. We employ System Generalised Method Moments on sample 77 countries between 2005 and 2017. find that IPSAS negatively significantly associated with corruption, suggesting adoption helps controlling The results still hold after accounting for experience other international standards. However, further analyses, we negative impact more pronounced have fully adopted accrual-based IPSAS. study, therefore, provides evidence to policymakers why should adopt IPSAS, especially fight against corruption.