Accounting Research Project (Capstone)

The study deals with the relevant accounting and CSR activity theory as well as the financial statements analysis of 5 ASX listed companies. The study also deals with the use of qualitative research methodologies and the key things to discuss about the companies work.

Running head: ACCOUNTING RESEARCH PROJECT (CAPSTONE)
Accounting research project (capstone)
Name of the student
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ACCOUNTING RESEARCH PROJECT (CAPSTONE)
Executive summary
The study deals with the relevant accounting and CSR activity theory as well as the financial
statements analysis of 5 ASX listed companies. The study also deals with the use of
qualitative research methodologies and the key things to discuss about the companies work.

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ACCOUNTING RESEARCH PROJECT (CAPSTONE)
Table of Contents
Introduction....................................................................................................................3
Discussion......................................................................................................................3
Relevant accounting theories information and corporate social responsibilities.......3
Annual reports of ASX listed companies...................................................................4
Research methodology...............................................................................................4
Qualitative data analysis............................................................................................5
Main findings of the research companies...................................................................5
Conclusion......................................................................................................................6

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ACCOUNTING RESEARCH PROJECT (CAPSTONE)
Introduction
The study topic deals with the annual accounting information and the corporate social
responsibility related to the process. On the other hand the study topic deals with
consideration of 5 ASX listed companies such as dacian gold limited, Dampier gold limited,
daxius, divine limited and delecta limited and the analysis of the annual report of the
company had also been done here. On the other hand the research methodologies related to
the accounting information have been considered. On the other hand in order to see the
current performance of these companies the data analysis with essential findings have also
been done.
Discussion
Relevant accounting theories information and corporate social responsibilities
The study topic deals with the literature review on contingency management theory of
accounting since 1980 as dealt by author. Hence the theory outlines the major themes dealt
with the accounting scenario. Hence there have been different elemental studies related to the
accounting theory and practises that are usually coordinated to each other. Hence it can be
said that the contingency theory helps to create the effective approaches and more over it
takes into account the relevant information.
On the other hand in order to describe the corporate social responsibilities it can be
said that the since the conception of CSR over the amount of research carried by the
academicians are valuable. Moreover these are very important to implement the CSR
activities which is known as the universal model of CSR. Thus the cross over to the criticisms
made over the Carrols pyramid model is an important area to consider and it is justified to set
up the present context (Nalband and Kelabi 2014.).

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ACCOUNTING RESEARCH PROJECT (CAPSTONE)
Annual reports of ASX listed companies
In order to understand the current business performance 5 ASX listed companies have
been chosen namely- Dacian gold limited, Dampier gold limited, dark horse resource limited,
daxius and Devine limited. Here all these companies are currently active in ASX and are
doing good business in there sectors respectively. Hence the financial reports have been
analysed in this case to see the business performance of the companies. Hence from the
annual report of dacian gold limited it can be said that the company’s total current assets have
been $160411375 which is much better than the previous year. Hence the company have
made new investments to the business. Similarly the liabilities have also increased to
$18148231. On the other hand the annual report of Dampier gold limited suggests that the
current position of the company is good In terms of profitability as the financial statements
look quite perfect. However the financial statements of Devine limited have shown decrease
in the asset position is not good as the company had faced some business issues currently that
have affected the performance of the company. On the other hand the performance of Dexter
had been good for the company overall (Lawrence et al. 2013).
Research methodology
The research methodology portion deals with the process or techniques used for the
research conduction of the financial report of the company. Hence in order to check the
company’s performance in the financial year the annual reports of the company have been
analysed. Hence in order to analyse the overall performance of the companies the basic
techniques which have been done are the ratio analysis, trend analysis of the company
financial report including the cash flow statement, statement of equity, comprehensive
financial position change etc. hence it can be said that the basic research methodologies have
been related to these aspects. On the other hand the key interpretation and the overall analysis

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ACCOUNTING RESEARCH PROJECT (CAPSTONE)
have been based on these research areas. Thus they are proven to be effective for the
company as a whole in determining the overall financial position.
Qualitative data analysis
The qualitative research approach is provided on the overview of selecting the
accounting information theory as well as the process is highly related to the overall authors
application. Hence the process is related to the company’s personal expense. Thus In order to
illustrate the accounting theory and approach includes many pitfalls as well as more highs
and lows in the process and it deals with the personal information. Hence the application is
very much related to the discussed retrospectoveness and a bid to add the basic insights
related to the particular process. Hence for the sake of conducting the accounting research it
is important to contribute at all the levels of the accounting research. Thus the qualitative data
analysis relates to the collection of accurate amount of data from the conducted research over
accounting theory and CSR responsibilities (Djelic, and Etchanchu 2017).
Main findings of the research companies
In order to provide accurate research and analysis 5 ASX listed companies have been
chosen in this case. Here out of those five companies chosen three belongs to mining industry
and the rest of the two companies are related to the energy industry. It is seen that the dacian
and dampier companies deal with the mining of natural resource like gold which Is a very
precious metal to consider (Öberseder et al. 2013) Hence most of the profits are collected by
these companies out of the mining of natural resources. Hence this happens to be the main
source of Income for the company. Similarly the dark horse limited is a renowned company
of Australia dealing with the mining of materials and earning profits out of it. Hence the
financial statements have revealed the profits of these companies out of the mining. Next two

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ACCOUNTING RESEARCH PROJECT (CAPSTONE)
companies namely devine limited and daxius are real estate industries who look to maintain
the profits by dealing with real estate products (Hack et al. 2014).
Conclusion
Hence out of the details provided it can be concluded that the accounting theory and
the CSR responsibilities which have been reviewed by the journal articles clearly state the
usefulness of the theories in relation to the business terminology. The annual reports verified
of these companies have showcased good amount of profits as per the financial statements as
well as it is seen that all the 5 companies have clearly maintained the CSR activities as the
accounting rules and regulations.

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ACCOUNTING RESEARCH PROJECT (CAPSTONE)
References
Carroll, A.B., 2016. Carroll’s pyramid of CSR: taking another look. International journal of
corporate social responsibility, 1(1), p.3.
Djelic, M.L. and Etchanchu, H., 2017. Contextualizing corporate political responsibilities:
Neoliberal CSR in historical perspective. Journal of Business Ethics, 142(4), pp.641-661.
Hack, L., Kenyon, A.J. and Wood, E.H., 2014. A critical corporate social responsibility
(CSR) timeline: How should it be understood now. International Journal of Management
Cases, 16(4), pp.46-55.
Kahreh, M.S., Babania, A., Tive, M. and Mirmehdi, S.M., 2014. An examination to effects of
gender differences on the corporate social responsibility (CSR). Procedia-Social and
Behavioral Sciences, 109, pp.664-668.
Lawrence, S., Collins, E. and Roper, J., 2013. Expanding responsibilities of corporate
governance: The incorporation of CSR and sustainability. Indian Journal of Corporate
Governance, 6(1), pp.49-63.
Nalband, N.A. and Kelabi, S.A., 2014. Redesigning Carroll’s CSR pyramid model. Journal
of Advanced Management Science, 2(3).
Öberseder, M., Schlegelmilch, B.B. and Murphy, P.E., 2013. CSR practices and consumer
perceptions. Journal of Business Research, 66(10), pp.1839-1851.
Pérez, A. and Rodríguez del Bosque, I., 2014. Customer CSR expectations in the banking
industry. International Journal of Bank Marketing, 32(3), pp.223-244.