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This study aims to explore accrual level measurement and to test its associations with fiscal transparency. Performing content analysis and Confirmatory Factor Analysis (CFA) on a sample covering 77 countries from 2008 to 2015, the measurement indicates a relative important and significance of financial performance statements and accrual accounting policies such as non-exchanged and exchanged transactions as accrual level constructor. Conducting panel data regression, we find that accrual level scores meet external validity test that indicated from its positive association with International Budget Initiative’s (IBP) fiscal transparency index.

Accrual-based IPSAS, Confirmatory Factor Analysis, Fiscal Transparency