Title: The extent of awareness for the International Public Sector Accounting Standards in the United Arab Emirates emerging market

Authors: Khulood Alshehhi; Jawaher Alteniji; Shaikha Alshamsi; Walaa Wahid ElKelish; Iman Hani Iwhish

Addresses: Department of Accounting, College of Business Administration (AACSB Accredited), University of Sharjah, P.O. Box 27272 Sharjah, UAE ' Department of Accounting, College of Business Administration (AACSB Accredited), University of Sharjah, P.O. Box 27272 Sharjah, UAE ' Department of Accounting, College of Business Administration (AACSB Accredited), University of Sharjah, P.O. Box 27272 Sharjah, UAE ' Department of Accounting, College of Business Administration (AACSB Accredited), University of Sharjah, P.O. Box 27272 Sharjah, UAE ' Department of Accounting, College of Business Administration (AACSB Accredited), University of Sharjah, P.O. Box 27272 Sharjah, UAE

Abstract: This paper explores the extent of the International Public Sector Accounting Standards (IPSAS) awareness and determinants in the United Arab Emirates (UAE) emerging market. Data was collected using a survey instrument. This paper uses the multiple regression analysis (OLS) to test the study hypotheses. The results show that respondents' have a moderately high awareness of the IPSAS adoption. The implementation of IPSAS improves the decision-making quality, reporting transparency and efficiency. Respondents indicate low IPSAS adoption costs and support the IPSAS adoption preparation. Besides, IPSAS awareness depends on the perceived benefits of decision-making and reporting quality improvements and organisation size. The respondents' work experience, organisation service activities and type are vital determinants of the IPSAS benefits. This paper provides useful guidelines for professional accountants, managers and organisations to improve the IPSAS adoption process.

Keywords: International Public Sector Accounting Standards; IPSAS; awareness; emerging markets; United Arab Emirates; UAE.

DOI: 10.1504/IJEBR.2023.127930

International Journal of Economics and Business Research, 2023 Vol.25 No.2, pp.210 - 228

Received: 22 Aug 2020
Accepted: 22 Apr 2021
Published online: 22 Dec 2022 *

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