Foreseeing the Development of Accounting for Economic Growth in Australia

Running head: BUSINESS RESEARCH METHODOLOGY
Business Reserach methodology
Name of the Student
Name of the University
Author’s Note

1BUSINESS RESEARCH METHODOLOGY
Executive Summary
Foreseeing the development of accounting based on the current level of economic growth is the
primary concern of this study. The research proposal is conetituted with three chapters.
Introduction part has identified the research issue. The purpose of the research proposal is to
evaluate the key benefits of IFRS Australia and Accounting Information System in business and
to identify new accounting strategy for rendering more improvement in the economic condition
of Australia. Literature review has made in-depth critical evaluation of the research topic. The
primary obejcetive of IFRS is to provide exact information regarding financial position, financial
performances and cash flow of an entity.
The implementation of IFRS has enabled the business experts in comparing data with other
contemporaries. Research methodology part will propose the apporpriate methodological tools
with the help of which data will be gathered and evaluated. Literature review has presented the
similar context on the ten articles along with its dissimilar contexts. The manegrrial implecation
is discussed. At the same time, the study has focused to present the research plan in the
methodology part along with mentioning its ethical considerations. In methodology part, the
study evaluates the apporpirtae data collection and data analysis technique. Some of the effective
ways of sampling techniques is also evaluated in this study.

2BUSINESS RESEARCH METHODOLOGY
Table of Contents
1. Introduction:................................................................................................................................3
Reserach background:.....................................................................................................................4
2. Research problem and objectives:...............................................................................................5
3. Research questions:.....................................................................................................................6
4. Research hypothesis:...................................................................................................................7
5. Literature Review:.......................................................................................................................7
5.1 Summary:...................................................................................................................................7
5.2. Common theme across the article:............................................................................................8
5.3 Different theme across the articles:.........................................................................................10
5.4 Managerial implecation:..........................................................................................................11
5.5 Study Limitation:.....................................................................................................................11
5.6 Summary:.................................................................................................................................12
6. Methodology decision:..............................................................................................................13
6.1 Type of data:............................................................................................................................13
6.2 Data collection method:...........................................................................................................14
6.3 Sampling technique:................................................................................................................14
6.4 Data anlsysis:...........................................................................................................................15
6.5 Ethical consideration:..............................................................................................................16
6.6 Summary:.................................................................................................................................16
6.7 Time-frame of research plan:...................................................................................................17
7. Conclusion:................................................................................................................................18

3BUSINESS RESEARCH METHODOLOGY
Reference List:...............................................................................................................................19
Appendix:......................................................................................................................................21

4BUSINESS RESEARCH METHODOLOGY
Proposed Research Title: Foreseeing the development of accounting based on the current
level of economic growth
1. Introduction:
The present study aims to provide in-depth evaluation about the importance of accounting
development forecast and its ways of improvement for rending economic growth of Australian
business field. Befroe analyzing the impirtance of accounting development in terms of current
econmic growth of Australia the study has provided deatiled understanding and knowledge about
the concept of accounting. Acoounting is the systematic process of identifying, measuring,
interpreting and communicating financial information. While running a corporate indsurty
effectively every business expert needs to have clear transperncy about the mobilization of
international and domestic investment. Therefore, in order to create a transperancy about profit
margin as well as the economic perormance of the organization the role of accounting is highly
significant. The research issue that is identified for this specific study includes foreseeing the
development of accounting based on the current level of economic growth. With the help of
collecting appropriate data and information from various resources the study will focus on
analyzing the identified research issue.
The theory of motivation develops from the concept of fiscal volatility. While dealing
with the international customers as well as foreign investors it is however felt that the business
experts need to widen their sphere of knowledge. National accounting stanrdard cannot multiply
the busienss opportunity beyond going its regional spheres. In order to introduce the brand in the
global market the business experts would have to be dependent on global accounting software.

5BUSINESS RESEARCH METHODOLOGY
Bhat, Callen and Segal (2016) opined that Discursive Policy Entrepreneurs (DPE) is
implemented in context to the macro and micro government in Australia.
This theoretical framework believes that company should invest money from
international investors in quest of expanding the brand and rendering immense economic growth.
At the same time, it is quite evident that IFRS is constituted with several risk factors as well. If
the business experts are unable to use this software they have to face immense business crisis
which can damage the entire business flow. However, the theory of motivation enables the
business experts in learning international business language so that they can successfully deal
with foreign investors.
Reserach background:
After evaluating necessary data on Australian business scenario, it is evident that the
business experts need to adpot innovating accounting standards for redning economic traperancy
in buisness (Afonso and Furceri 2010). At the same time, accounting helps in rending economic
development as well which ultimately reflects on the business performances. Australia has
adopted the IFRS (International Financial Reporting Standards) with the help of which common
global language can be used for the purpose of international business standard. The primary
obejcetive of IFRS is to provide exact information regarding financial position, financial
performances and cash flow of an entity. The implementation of IFRS has enabled the business
experts in comparing data with other contemporaries. As a result, the organization can actually
understand their current position in the market based on which they get the scope to improve
their skills and capabilities. On the other hand, with the help of this accounting standard the
business experts can calculate the future growth and its posibitiies.