Why has IPSAS been set as an agenda but not adopted in Myanmar?

This article provides evidence regarding the efforts of the government of Myanmar to adopt the International Public Sector Accounting Standards (IPSAS), as well as analysing the interactions among the engaged stakeholders who have participated in Myanmar's IPSAS agenda-setting and adoption process. The results, which are identified based on multiple streams theory, indicate that the issue of IPSAS adoption reached government agenda status only when all the problem, policy and politics streams were unified (i.e. full coupling). The results of this research explain why governmental inaction or non-decision with regard to public sector accounting reforms occurs and highlight the importance of the presence of a political support in the official adoption of IPSAS.