International Public Sector Accounting Standards (IPSAS) in Morocco and strategic decision making

Abstract

International Public Sector Accounting Standards (IPSAS) is now a global revolution in public accounting reforms, many national and international government organizations have started implementing accounting reforms to align with IPSAS. Morocco is among the countries that have adopted these Standards, and implementation has started years ago. The adoption of IPSAS Standards results in the mobilization of a theoretical and conceptual framework made up of neo-institutional theory, New Public Management (NPM) and the theory of public value. From a managerial perspective, this article will allow us to study the impact of the adoption of IPSAS Standards in Morocco, consisting in generating accounting and financial information on decision-making, focusing on IPSAS 1-Presentation of financial statements, and IPSAS 2-Cash flow statements. Methods: To approach our research question, data were collected through a questionnaire distributed to a sample of public accountants. The validity and reliability of the questionnaire was ensured through the Cronbach's coefficient. The verification of the hypotheses was carried out based on the results of the estimation of the parameters of the multiple linear model. Results: The present study highlights the role and the positive and significant impact of financial statement information on the relevance of strategic decision making.

Classification JEL :M41

Paper type: Empirical research