Factors influencing financial employeers' readiness for accrual accounting adoption in Jordanian public sector

Recently, the government of Jordan has followed the global trend in the implementation of International Public Sector Accounting Standards (IPSASs). In 2014, the decision was taken to start the implementation process. Following that, the Jordanian Ministry of Finance announced in 2015 that the minis...

Full description

Saved in:

Bibliographic Details
Main Author:	Al-ghizzawi Moawiah Awad Abdulraheem
Format:	Thesis
Language:	en_US
Subjects:	Accrual accounting adoption > Jordanian Social Exchange Corporate governance > Jordan > Case studies Finance
Tags:	Add Tag No Tags, Be the first to tag this record!

id	my-usim-ddms-12788
record_format	uketd_dc
spelling	my-usim-ddms-127882024-05-29T04:59:02Z Factors influencing financial employeers' readiness for accrual accounting adoption in Jordanian public sector Al-ghizzawi Moawiah Awad Abdulraheem Recently, the government of Jordan has followed the global trend in the implementation of International Public Sector Accounting Standards (IPSASs). In 2014, the decision was taken to start the implementation process. Following that, the Jordanian Ministry of Finance announced in 2015 that the ministry has succeeded in implementing the IPSASs on cash accounting and announced its intention to transition towards accrual accounting. However, the adoption of a new accounting system may not be easy; a considerable gap exists due to the difficulty in changing the current accounting practices into entirely new accounting practices at the development and implementation stages. It is necessary to create readiness among the public sector financial employees in ensuring the successful adoption of the new accounting system. As such, this study intends to examine factors influencing financial employees’ readiness for accrual accounting adoption in Jordanian public sector. The present study identified several important factors influencing the readiness in adopting accrual accounting which are; human resource, organizational commitment and information technology. Moreover, two moderator variables are considered in this study, namely social relationship in the workplace and job satisfaction. This study applied multiple theories, namely Lewin’s Theory, Theory of Social Exchange, and Maslow’s Needs Theory. In addition, a quantitative approach was employed by distributed the questionnaires to 375 respondents enrolled at Jordanian General Budget Department using simple random sampling. The data were analyzed using Partial Least SquaresStructural Equation Modeling (PLS-SEM) to verify the relationships between the variables. The results found significant positive relationships between human resource, organizational commitment, information technology and financial employees’ readiness for accrual accounting adoption. In addition, social relationship in the workplace could not moderate the relationship between human resource and financial employees’ readiness for accrual accounting adoption. Job satisfaction positively and negatively moderates the relationship between human resource, organizational commitment and financial employees’ readiness for accrual accounting adoption respectively. This study not only contributes in expanding the literature concerning accrual accounting adoption in Jordanian context, it’s also provides meaningful guideline to the government of Jordan for accrual accounting adoption, as well as providing insights on the critical success factors to ensure successful adoption process. Finally, some limitations and suggestions for future research were considered in this study Universiti Sains Islam Malaysia 2020-04 Thesis en_US https://oarep.usim.edu.my/handle/123456789/12788 https://oarep.usim.edu.my/bitstreams/e828cc82-ccf4-4746-9241-c6e990913557/download 8a4605be74aa9ea9d79846c1fba20a33 Accrual accounting adoption--Jordanian Social Exchange Corporate governance -- Jordan -- Case studies Finance
institution	Universiti Sains Islam Malaysia
collection	USIM Institutional Repository
language	en_US
topic	Accrual accounting adoption--Jordanian Social Exchange Corporate governance -- Jordan -- Case studies Finance
spellingShingle	Accrual accounting adoption--Jordanian Social Exchange Corporate governance -- Jordan -- Case studies Finance Al-ghizzawi Moawiah Awad Abdulraheem Factors influencing financial employeers' readiness for accrual accounting adoption in Jordanian public sector
description	Recently, the government of Jordan has followed the global trend in the implementation of International Public Sector Accounting Standards (IPSASs). In 2014, the decision was taken to start the implementation process. Following that, the Jordanian Ministry of Finance announced in 2015 that the ministry has succeeded in implementing the IPSASs on cash accounting and announced its intention to transition towards accrual accounting. However, the adoption of a new accounting system may not be easy; a considerable gap exists due to the difficulty in changing the current accounting practices into entirely new accounting practices at the development and implementation stages. It is necessary to create readiness among the public sector financial employees in ensuring the successful adoption of the new accounting system. As such, this study intends to examine factors influencing financial employees’ readiness for accrual accounting adoption in Jordanian public sector. The present study identified several important factors influencing the readiness in adopting accrual accounting which are; human resource, organizational commitment and information technology. Moreover, two moderator variables are considered in this study, namely social relationship in the workplace and job satisfaction. This study applied multiple theories, namely Lewin’s Theory, Theory of Social Exchange, and Maslow’s Needs Theory. In addition, a quantitative approach was employed by distributed the questionnaires to 375 respondents enrolled at Jordanian General Budget Department using simple random sampling. The data were analyzed using Partial Least SquaresStructural Equation Modeling (PLS-SEM) to verify the relationships between the variables. The results found significant positive relationships between human resource, organizational commitment, information technology and financial employees’ readiness for accrual accounting adoption. In addition, social relationship in the workplace could not moderate the relationship between human resource and financial employees’ readiness for accrual accounting adoption. Job satisfaction positively and negatively moderates the relationship between human resource, organizational commitment and financial employees’ readiness for accrual accounting adoption respectively. This study not only contributes in expanding the literature concerning accrual accounting adoption in Jordanian context, it’s also provides meaningful guideline to the government of Jordan for accrual accounting adoption, as well as providing insights on the critical success factors to ensure successful adoption process. Finally, some limitations and suggestions for future research were considered in this study
format	Thesis
author	Al-ghizzawi Moawiah Awad Abdulraheem
author_facet	Al-ghizzawi Moawiah Awad Abdulraheem
author_sort	Al-ghizzawi Moawiah Awad Abdulraheem
title	Factors influencing financial employeers' readiness for accrual accounting adoption in Jordanian public sector
title_short	Factors influencing financial employeers' readiness for accrual accounting adoption in Jordanian public sector
title_full	Factors influencing financial employeers' readiness for accrual accounting adoption in Jordanian public sector
title_fullStr	Factors influencing financial employeers' readiness for accrual accounting adoption in Jordanian public sector
title_full_unstemmed	Factors influencing financial employeers' readiness for accrual accounting adoption in Jordanian public sector
title_sort	factors influencing financial employeers' readiness for accrual accounting adoption in jordanian public sector
granting_institution	Universiti Sains Islam Malaysia
_version_	1812444845153714176

Factors influencing financial employeers' readiness for accrual accounting adoption in Jordanian public sector

Similar Items