The Role of Accounting Reform in Deterring Corruption Practices in the Public Sector: A Case Study in Kurdistan Region

摘要

There is an increasing focus on the subject of corruption around the world. The aim of this research is to investigate the impact of accounting reform on Kurdistan region with respect to corruption. The methodology used in this study is the qualitative interpretive method and the main tool for collecting data was the semi-structured interviews, through a case study on the Kurdistan region (Iraq). According to the literature and findings of this research, there is a relationship between the accounting system and corruption. Further, an efficient accounting system is regarded as one of the effective anti-corruption strategies. The Kurdistan region can increase the level of accountability and transparency in the public sector by reforming its current accounting processes, which will thus lead to the reduction in cases of corruption. Some essential changes have been suggested by the respondents to increase government accountability and transparency such as shifting from cash-basis to accrual-basis accounting, adopting international accounting standards, changing budget system from input-line to performance programme budget system, strengthening audit especially external auditors, updating the accounting curriculum and computerising the accounting system. These will improve the accounting system and thus aid in fighting corruption.