International Public Sector Accounting Standards as a necessity to standardize public accounting practices and protect public money

Abstract

This study aimes to clarify the importance of IPSAS as a necessity to unify public
accounting Practice and protect public money, and this is by presenting IPSAS and reflection of
thier application on transparency in the managment of public money ,relying on descriptiveanalytical
approach, the study was divided into four axes, the first of which includes the content of
the IPSAS, the second includes the requirement for the transition to IPSAS, and With regard to the
third relates to the prospects for the application of IPSAS, and the fourth and last were presented a
set of international experience in the transition to IPSAS, the study concluded with a set of results,
the most important of which is that the application of IPSAS works to achieve transparency and
justice and grant the right to hold the managemant of tha institution and govermments accountable
to the concerned authorities, in addition to achieving the necessary protection for public ownership,
taking into account the intersts of those dealing with various state institutions and limiting tha
abuse of power in favor of the intrest public
Keywords : , , public accounting