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ABSTRACT
The objective of the study was to examine the impact of public sector accounting reforms on the level of corruption in the Nigeria. The study was carried out using the perceptions of Federal Ministries Departments and Agency Staff because the reforms are fully implemented at Federal level. The study examined four (4) accounting reforms which are International Public sector Accounting Standards (IPSAS), Integrated Personnel Payroll Information System (IPPIS), Treasury Single Account (TSA) and Government Integrated Financial Management Information System (GIFMIS) and how they can play a role on the level of corruption in the Nigerian Public Sector.
The study employed survey research design. The population consisted of all thirty six (36) MDAs currently in Benin City. A census of the entire population was taken as the sample for the study. The research instrument was the questionnaire, which was distributed to staff (10) for each of the MDAs, bringing the total sample size to 360. The questionnaire was validated and tested for reliability and data gathered was analyzed using the multiple regression analysis technique.
The result of the analysis which was carried out to ascertain the link between the dependent variable and the independent variables showed that IPSAS has a positive impact on the level of corruption in the Nigerian Public Sector but was not significant when measured at 5% level of significance. IPPIS, GIFMIS and TSA showed a positive impact on the level of corruption and were significant at 5% level of significance. An evidence has been established, which suggests that these reforms can play a role in fighting the level of corruption in the Nigerian Public Sector.The study among others, recommends that IPPIS, GIFMIS and TSA should be applied at all levels of Government. The study also recommends that Government should make sure there is an enabling environment for these reforms to function for the purpose of which they were adopted.
