International Journal of Accounting and Management Sciences (IJAMS)
IJAMS Vol.4 No.3 July 2025
DOI https://www.doi.org/10.56830/IJAMS07202505
Authors
Esam O. Elharon
Noora A. Hassan
Abstract
Transparency and accountability are essential cornerstones of effective public sector governance. This paper explores the interrelated nature of these principles, emphasizing that transparency is fundamental for fostering accountability among public officials. By providing accessible and comprehensive information, transparency empowers citizens to make informed decisions regarding governmental policies and actions. Through an analysis of historical governance dimensions, the paper underscores that the expectation of transparency has elevated public sector accounting to a pivotal role in ensuring sound governance practices. Accountability is defined not only as the obligation of public officials to justify their actions but also as a broader concept that relies on transparent information and performance indicators for evaluation. The paper examines the effectiveness of established accounting standards, including the International Public Sector Accounting Standards (IPSAS) and the Governmental Accounting Standards Board (GASB) guidelines, in promoting reliable financial reporting. Additionally, it highlights the critical functions of auditing and internal controls as mechanisms that bolster accountability within the public sector. Ultimately, the findings illustrate that the synergy between transparency and accountability, reinforced by robust accounting practices and standards, is vital for fostering trust and integrity in governmental operations, ensuring responsible use of public resources.
Keywords: Transparency – Accountability – Public Sector – IPSAS – GASB
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