Implementation of accrual accounting by Malaysian federal government: are the accountants ready?

Ismail, Suhaiza and Siraj, Siti Alawiah and Baharim, Shahril (2018) Implementation of accrual accounting by Malaysian federal government: are the accountants ready? Journal of Accounting and Organizational Change, 14 (2). pp. 234-247. ISSN 1832-5912

	PDF - Published Version Restricted to Registered users only Download (209kB) | Request a copy
Preview	PDF (SCOPUS) - Supplemental Material Download (53kB) | Preview
Preview	PDF Download (369kB) | Preview

Abstract

Purpose: The purpose of this paper is to examine factors influencing the readiness of public sector accountants to implement the accrual accounting system in the Malaysian Federal Government. The readiness was measured in terms change commitment and change efficacy. Design/methodology/approach: The study uses a questionnaire survey that comprises three factors (change valence, task knowledge and task availability) in predicting readiness to implement the accrual accounting system. Multiple regressions were performed on a total of 165 usable responses received. Findings: The results reveal that change valence, task knowledge and task availability are significant and positively influence the change efficacy of the Federal Government to implement accrual accounting in Malaysia. However, only change valance is a positively significant factor in influencing change commitment. Originality/value: This study is important as it contributes not only by adding to the scant literature assessing the readiness to implement the accrual accounting system but also by providing useful information on determinants of readiness for accrual accounting implementation in supporting the Malaysian Government’s financial transformation agenda. © 2018, Emerald Publishing Limited.

Item Type:	Article (Journal)
Additional Information:	5096/64790
Uncontrolled Keywords:	Malaysia, Accrual accounting, Readiness, Federal government
Subjects:	H Social Sciences > HJ Public Finance > HJ9701 Public accounting
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences Kulliyyah of Economics and Management Sciences > Department of Accounting
Depositing User:	Prof. Dr. Suhaiza Ismail
Date Deposited:	12 Jul 2018 16:06
Last Modified:	15 Mar 2019 14:21
URI:	http://irep.iium.edu.my/id/eprint/64790

Actions (login required)

View Item