Assessment of the Challenges and Benefits of Implementing International Public Sector Accounting Standards (IPSAS) in Jordan

This study aims to assess the challenges and benefits that Jordan faces in implementing International Public Sector Accounting Standards (IPSAS). To achieve the objectives of the study, a questionnaire distributed on 14 Jordanian government ministries and their affiliated departments, the Amman Municipality and the Jordanian Audit Bureau. The final sample consists of 131 respondents. Based on a single sample (T-Test) in addition to conducting personal interviews with the persons concerned, the participants believe that the most influential challenges respectively: organizational challenges, educational challenges, time challenges, resistance to change, accounting system challenges, financial challenges, and legal and legislative challenges, with the exception of technological challenges, where the sample members see that they have no statistically significant effect on the rate of implementation of IPSAS in Jordan in terms of their availability. Moreover, they expect the benefits of IPSAS to increase the level of accountability and transparency and improve the quality of financial reports. As well as enhancing the comparability and accuracy of the decision-making process.