Requirements for applying the International Public Sector Accounting Standard (24) Presentation of budget information in the financial statements and its role in implementing the general budget / an applied study

Abstract

The research aims to shed light on the role of the international accounting standard in the public sector No. (24) in improving the implementation of the general budget and heading towards adopting the application of the international accounting standard for the public sector (24) iPSAs, and for the purpose of achieving the research goals, the research has sought through the importance of the role that the IPSAS 24 stands in achieving rational financial management in the public sector, enhancing confidence in government financial reports by presenting comparison data between the plan and the port. Decision makers help to monitor deviations and analyze their causes in order to improve financial efficiency, and the Budget of the Central Technical University has been reviewed and the budget information is presented according to the requirements of (24) IPSAS for years (2019-2022), and the analysis has been used the impact of the standard’s application on the effectiveness of implementing the public budget using financial data from government agencies. The research has reached the most important conclusions of the application of the IPSAS 24 standard is not limited to the accounting side, rather, it is a strategic tool that enhances the effectiveness of public money management, raises the quality of financial reports, and establishes the principle of government accountability, which supports the implementation of the public budget
according to the planned goals.