International Public Sector Accounting Standards (IPSAS) are a set of accounting standards issued by the IPSAS Board for use by public sector entities around the world in the preparation of financial statements. These standards are based on International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB).

By implementing IPSAS, Sokoto State Government aims to improve the quality of financial reporting by its MDAs, leading to better informed assessments of the resource allocation decisions, thereby increasing transparency and accountability.

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