Innovation in Accounting and Its Impact on Business

Running head: INNOVATION IN ACCOUNTING AND ITS IMPACT ON BUSINESS
Innovation in accounting and its impact on business
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INNOVATION IN ACCOUNTING AND ITS IMPACT ON BUSINESS
Table of Contents
Introduction:...............................................................................................................................2
Underlying research problem:....................................................................................................2
Research objectives:...................................................................................................................2
Research questions:....................................................................................................................3
Literature review:.......................................................................................................................3
Data collection plan:..................................................................................................................4
Ethical consideration:.................................................................................................................5
Reference list:.............................................................................................................................6

INNOVATION IN ACCOUNTING AND ITS IMPACT ON BUSINESS
Introduction:
In the last fifteen years, there has been development in various accounting innovation
and it is depicted by the survey conducted on international study that one or more of the
innovations has been adopted by many organizations. This particular paper presents the
analysis of literature review of several forms of evaluation research in the discipline of
accounting. Some of the recent development in the field of accounting innovation has been
explored and suggestions for future research have been offered in the paper. For the
examination of research topic, the introduction on innovation technique is reviewed and their
implementation in practice is investigated (Appelbaum et al. 2017). Researcher has reviewed
some of the journal articles on the innovation in management accounting and some of the
article published on online database was also reviewed.
Underlying research problem:
Obstructed jobs of accounts have changed due to technological innovations in the
field of accounting. It has been found by the researcher that the development of innovation in
accounting has restricted the entry of many in this discipline and consequently has shrunken
the job accountants (Prajogo 2016). Several attempts have been made by researchers to
explore the several cause and effect relationship. One of the major challenges faced by the
accounting researchers is measuring the net benefits derived from innovation in accounting.
Research objectives:
The objective of this research paper is to evaluate the development of accounting in
innovation and their impact on the business by conduct an analysis of literature review
concerning innovation in accounting. Therefore, the basic objective of the research is to
assess the impact of innovation in accounting on the performance of business. The topic has