Accounting Regulation in Australia

Accounting Regulation
in Australia
Your name
Student Number
BUS707 Applied Business
Research

Research Problem & Research
Objectives
•The research questions developed for the study are as follows:
o What role does AASB play in framing accounting regulation in Australia?
o Is adoption of IFRS/IAS improving the reporting quality of financial statements by
the Australian entities?
•The research objectives developed for the study are as follows:
o To find out the role played by Australian accounting professional bodies in farming
the accounting regulation in Australia.
o To find out the changes taking place in accounting regulation as time elapses.

Research Design & Methodology
• Exploratory research design
o The identified problem statement has not been studied in a
clear manner in the previous secondary articles (Goeman and
Solari, 2011).
• Qualitative research approach
o Most notable methods used in the context of exploratory
research
o Go ahead with gaining detailed understanding of the reasons,
motivations, perceptions and thought process of the
respondents likely to take part in the data collection process
(Maxwell, 2012).
• Primary data for the purpose of collecting data
o Data collection is done in accordance to the present scope of
the study (Cleary, Horsfall and Hayter 2014).