Assessing the stakeholders' responses in public discussions of IPSASB standards from a cultural perspective

IMPACTThis article shows that factors that can explain stakeholders' responses in public discussions of the International Public Sector Accounting Standards Board's (IPSASB) standards may differ according to underlying cultural values. Respondents' affiliation, countries' level of development and their accounting framework can explain underlying cultural values. The article will help standard setters, governments and regulatory bodies to understand the differences in stakeholders' positions according to the cultural nature of issues proposed for public discussion.