HI6008 - Business Research Methodology Report

Business Research
Methodology
[Document subtitle]
[DATE]
[COMPANY NAME]
[Company address]

Running Head: Research Report
Contents
Introduction................................................................................................................................2
Project Objectives......................................................................................................................3
Project Scope..............................................................................................................................3
Review of Literature..................................................................................................................4
Research Methodology...............................................................................................................7
Data analysis & Interpretation...................................................................................................9
Conclusion................................................................................................................................14
References................................................................................................................................15
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Running Head: Research Report
Introduction
In today’s world, globalization prompts the companies to open their doors to various new
challenges and it becomes difficult for evry organization to compete in this global world.
Various challenges come across and the most prominent is the challenge of accounting.
Organizations face intense challenges of accounting and they are expected to adopt rapid
changes which help in facing such challenges. Accounting practices have faced failures due
to the change in the global market. Various environmental factors and new accounting
standards pose problems to the organizations. Many companies faced such challenges of
accounting, one among them is Infosys Technologies Limited.
Infosys Technologies Limited established in 1981 is the fastest growing IT based industry of
India. This company is listed on the NYSE, as the leading global IT and consulting company
which provides a huge number of IT solution services to its clients. This company offers
software services, development and application services to its client globally. Infosys was the
first Indian company which was listed on NASDAQ (Infosys Technologies Limited,
2008). This company generates huge revenues up to 10.21 billion USD and has more than
198000 employees across the globe. Earlier, Infosys used to file Form 20-F with the SEC in
accordance with the USA GAAP, but now due to globalization various changes in the
environment has forced the companies to change their practices and norms. In accordance to
globalization, the economy being a closed one was now transformed into an open economy
which imposed the global companies to change their business practices. In this research, the
various challenges of accounting, which are faced by the global organizations are being
studied. Likewise, Infosys also faced some accounting challenges and immediate solutions to
such problems were required in order to face the problems arising due to various reasons and
lead to economic development (Infosys, 2008).
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Running Head: Research Report
Project Objectives
The general purpose of this study is to examine the challenges of accounting the global
organizations are facing. This study will help in examining the risks and challenges the
companies are facing in today’s world. In this regard, the objectives of the study will include:
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 To determine the various challenges of accounting faced by Infosys
 To determine the cause behind such challenges
 To suggest the remedial measures to face such challenges
Project Scope
This research is concerned with the challenges of accounting, which are faced by the global
organizations. With the modern age of time, Companies face huge risks and challenges in
their businesses due to globalization. Infosys faced the accounting problems when
globalization came in the era and this study understands the factors which led to accounting
problems and their remedial measures (Vinayagamoorthy, 2014).
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