THE IMPACT OF APPLYING INTERNATIONAL ACCOUNTING STANDARDS IN PUBLIC SECTOR ON QUALITY OF FINANCIAL REPORTS GOVERNMENTAL INSTITUTIONS (AFIELD STUDY ON GOVERNMENTAL INSTITUTIONS IN GEZIRA STATE – SUDAN
This paper aimed to know the impact of applying international accounting standards in the sector. the year on the quality of financial reports and professional performance, and knowledge of the obstacles to the application of standards International accounting governmentinstitutions. The researcher used the analytical method Descriptive in the field study procedures by collecting information from its sources Primary and secondary data were collected by distributing a questionnaire specially prepared for this purpose. Purpose and distributed to the study population consisting of government institutions in Gezira State and the researcher used the statistical package for social sciences (spss) program. for analyzing the data of the study and testing satisfaction, and the researcher reached a group of results There is a degree of conceptual awareness in government institutions towards standards International accounting. There are also advantages in applying international accounting standards in institutions The most important of which is raising the efficiency of the accounting system and achieving the quality of accounting information Likewise, international accounting standards are applied in Governmental Institutions, and the application of International accounting standards on the quality of financial reports in government institutions. Its application leads to access to good financial reports and the delivery of financial reports that enable. Users are able to make rational decisions and the emergence of financial reports that are characterized by clarity and simplicity. And make the information contained in the financial reports more appropriate to the needs of users Likewise, there is an impact in the application of international accounting standards on the promotion of professional performance in Governmental institutions represented in the application of international accounting standards lead to promotion Professional performance within the institution and keep the accounting profession abreast of developments towards it and protect it practitioner. There is also a weakness in trade unions and associations that set standards Accountability in some countries and the lack of conviction of the responsible authorities in the application of accounting standards. International and insufficient financial resources for training is considered one of the most important obstacles Limit the application of international accounting standards. The study concluded a group of Recommendations, the most important of which is increasing the level of familiarity with international accounting standards by increasing Number of courses in the field of international accounting standards and work on developing the accounting profession In Sudan Governmental institutions ,by activating the role of professional associations Responsible for the accounting profession. And the authorities concerned with the profession of accounting and auditing Work to remove obstacles that limit the application of international accounting standards
Keywords: International Accounting Standards, The Quality of Financial Reports