Stakeholders’ Perceptions on ABAS Implementation by the Public Sector Entities in Bangladesh
DOI:
https://doi.org/10.37134/ibej.Vol19.1.3.2026Keywords:
Stakeholders’ Perceptions, ABAS Implementation, Public Sector Entities, Decent Work and Economic GrowthAbstract
This study qualitatively investigates the perceptions of various stakeholders involved in the implementation of accrual-based accounting systems (ABAS) by public sector entities (PSEs) in Bangladesh. It investigates the perceptions of the Financial Reporting Council (FRC), explores the experiences and perceptions of the PSEs, and uncovers the overall challenges by interviewing stakeholder groups knowledgeable in ABAS. Interviews were conducted with the executive director of the FRC, individuals attending training on ABAS, and a group of academicians, practitioners, and professionals. The findings suggest that the FRC allows flexible deadlines, arranges public discussions, provides technical support, and takes initiatives to govern the legal framework in implementing ABAS. Responses from trainees from the PSEs indicate that the training received from the FRC was insufficient, appropriate software is unavailable, and reporting guidelines are inconsistent. Other stakeholder responses include additional challenges, such as inefficient human resources, insufficient technical resources, bureaucracy, and power gaps. Failure to employ accounting graduates in public accounting roles and a misaligned government accounting curriculum are two additional flaws in the system. The respondents suggest enhancing training and learning, improving technical capability, upgrading accounting curricula, and improving recruiting practices as remedies.
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