Accountants and Auditors Responsibilities and Contributions towards Corporate Governance

Research Proposal 1
ACCOUNTANTS AND AUDITORS RESPONSIBILITIES AND CONTRIBUTIONS
TOWARDS CORPORATE GOVERNANCE
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Research Proposal 2
Table of Contents
Executive Summary.........................................................................................................................3
Introduction to the research.............................................................................................................4
Overview of client organization...................................................................................................4
Problem the research seek to resolve..........................................................................................5
Outline of proposal......................................................................................................................6
Research Problem............................................................................................................................7
Research Objective..........................................................................................................................7
Theoretical Background/Literature review......................................................................................7
The responsibility of auditor in contributing to corporate governance.......................................9
Responsibilities of accountants in contributing to corporate governance................................10
Research Methodology..................................................................................................................12
Type of data...............................................................................................................................13
Sampling technique....................................................................................................................14
Sample size.................................................................................................................................14
Data analysis..............................................................................................................................15
How the methodology plan address all ethical concern................................................................15
List of References..........................................................................................................................17

Research Proposal 3
Executive Summary
Economy development of every market is extremely reliant on the reliability of data of
accounting as well as quality of financial report. The dependency results since different investors
make decision more simply on savings in marketplaces that had received trust along with
security within past years. This research proposal examines different responsibilities together
with contributions of accountants and auditors towards corporate governance around the business
community. The concept of accountant and auditing is perceived in various approaches
depending on the individuals to be able to aim at attaining corporate governance. While vital
survey of accounting has extensively been crucially interested in relations that exist amongst
auditing, accounting, along with management of operations of business, normal study in
accounting, auditing, finance, and management has only recently displayed improved interests
within inquires of governance of corporate. The concept of governance of corporate classically
utilized within normal survey improving advantages to business operators. The arrangement as
well as performing of board of administrators along with teams dealing with audit of such
administrators remains to be initial apprehensions within this column of survey. Therefore, this
paperwork illustrates option vision of accountants along with auditors’ responsibilities and
contributions towards corporate governance. It is evident that the role and responsibilities of
accountants and auditors ought to be improved to enhance control of business for benefits of
every stakeholder along with society generally. The study will follow the mixed research
methodology that involves use of both qualitative along with quantitative survey technique in
obtaining the objective of the study.

Research Proposal 4
Introduction to the research
Schelker (2013, p. 277) illustrated that corporate governance remains to be the system
that ensures that every director, as well as managers of different enterprises, execute their
function within the framework of accountability along with transparency. These activities by
corporate governance aimed at promoting confidence of various investors in business enterprises,
stimulating, and sustaining progress of economy. Corporate administration dependably relies
upon legitimate, regulative, together with institutional setting and it center on adjusting the
interests of different investors, capital proprietors, directors, with organization business
managers. The above illustrations explain why corporate governance has in recent days assumed
global importance as the vital device for sustainable performance of corporate. Different
scandals have occurred in the past decades to significant organizations (Martin 2010, p. 148).
The serious events that have led to decline and shutting down of various companies in the past
decades have shown critical role played by accountants and auditors in strengthening effective
corporate governance (Hamilton and Tschopp 2012, p. 569). Therefore, society depends on
professions of accounting and auditing to represent the significance reformatory function of
correcting cases of anomalies that exist in operations of different businesses globally.
Overview of client organization
Accountants and auditors reports represent the fundamental approach of different
organizations to give an account of the achievement of their business tasks alongside money
related and property conditions for outer gatherings in the exercises. Along these lines, a few
organizations that need to put resources into different countries or gather supports in the global
capital commercial center need to incorporate diverse reports of accountants and auditors
comprehensible for partners of business together with investors (Rada et al., 2010, p. 181).

Research Proposal 5
Therefore, every accountant and auditor as the responsibility of making their financial statements
according to the set models acknowledged in most created countries. The requirement for
worldwide standard acknowledgment has its reasonable measurement since they even out the
bookkeeping and reviewing rehearses around the worldwide society, streamline stock trade
business outside boundaries of a country, and enable national and international marketplace
progress, along with the entire economy (Vintila and Moscu 2015, p. 91). Therefore, contribution
of accountants and auditors towards corporate governance is essential since corporate
governance remain to be one of the vital elements inefficiency of prosperity, growth
development, along with investor trust improves. Besides, governance of corporate provides the
best outline with set of goals of company as well as allocate different elements that aim at
attaining objectives with monitoring of performance. Therefore, efficient management of
business through suitable guidelines by accountants and auditors should offer the proper support
for the board of managers as well as administrators to aim on objectives of interests for
organization itself together with its stakeholders (Sampford 2012, p. 149). Concentrate on
responsibilities of accountants and auditors in contributing to corporate governance in
organization such as Coca-Cola Company remains to be vital as it lead to recognize management
as trustees within interest of different savers as well as to secure their privileges as real managers
of company.
Problem the research seek to resolve
There has been the logical connection between responsibilities of auditors and
accountants in contributing to corporate governance in the business society in many nations
globally. The goal of corporate administration stay to guarantee adjust that exist between the
different performers and to execute control gadgets both for investors alongside other invested

Research Proposal 6
individuals in the capital of substance (Garayar et al., 2016, p. 362). Accountants and auditors
responsibilities remain to be the most sensitive sector for operations of corporate governance in
reducing case of the development rate along with increasing the number of services and revenues
with start-ups in specific being the most vulnerable, lacking the resources to improve business
operations (Mahmudur 2012, p. 114). Consequently, if proper survey is conducted in this area, it
would be more advantageous to all corporate governance in the world. Therefore, major purpose
of this work is to undertake the complete investigation in the field of accountants and auditors
responsibilities and contributions towards corporate governance so that business can safeguard
themselves against any operational failures (Abrudah et al., 2010, p. 14). The research proposal
is centered on how responsibilities of accountants and auditors contribute to all kinds of
operations of corporate governance especially to business that has been affected by different
factors.
Outline of proposal
The organization of this research work is as follows. The first section forms the
introduction of the research proposal that addresses accountants and auditors responsibilities and
contributions towards corporate governance. The part is supported by the research problem along
with objective of investigation fall under section one. Furthermore, other section addresses
literature review of the topic of research (Christoper 2016, p. 532). The fifth section comprise of
research design along with methodology that will focus on different elements such as type of
analysis, research approach, type of used data, collected data, and sampling frame, methods,
techniques, characteristics, and sizes. Additionally, final third section comprise of explanation of
how methodology plan address all ethical concern.