Published Paper Details:

The purpose of the study is to Analysis of Accounting Practices in the Context of Current Situation of Bangladesh as well as to analyze the extent to which accounting Practices is being used in measuring financial performance by Country with limitations. This empirical study is based on the primary (face to face interview and interview over the phone using questionnaire) and secondary (Various book, published research papers, websites, statistical report of BBS and annual report of BB) sources of data where 17 questions for 40 populations total. Different statistical tools (hypothesis testing, co-relation analysis and Chi-Square test) are used to analyze and find the result of the study. The designated measures of accounting system are records of document, financial statement, audited financial statement, accounting methods, accounting basis, quality of accounting information and entrepreneur having accounting knowledge. The findings of the study, it is found that public sector in Bangladesh follows cash basis of IPSAS lightly. Although the government accounting sectors provide that they are following cash basis IPSAS fully. In preparing government accounts, the fundamental accounting principle adopted is the cash basis of accounting. Accrued receipts and charges are not included in government accounts. This paper provides useful information to the concerned authority as well as other stakeholders who are directly or indirectly involved in Accounting Practices.