Accounting Research Project: ASX Organizations and Accounting

This accounting research project delves into the intricacies of accounting research, beginning with the design of appropriate qualitative research methodologies aligned with research objectives and questions. It explores regulatory, sustainability, and ethical issues within the field, critically evaluating identified theories such as classical and marginalism theories of accounting, as well as theories related to Corporate Social Responsibility (CSR), including integrative, ethical, political, and instrumental theories. The project provides a comprehensive review of literature and critical analysis of contemporary research, focusing on ASX-listed companies and their accounting practices. It examines how contemporary accounting issues, including technological changes and fraudulent activities, impact businesses. The study also addresses sampling methods, ethical considerations, and the importance of data protection. The conclusion synthesizes the key findings, emphasizing the importance of effective strategies for mitigating accounting issues and the role of research in advancing the field. This project also analyzes the annual reports of several ASX organizations and explores the theories related to accounting information and CSR.

Running head: ACCOUNTING RESEARCH PROJECT
Accounting Research Project
Name of the Student
Name of the University
Author’s Note

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Table of Contents
Introduction......................................................................................................................................2
Designing appropriate methodology for qualitative research that have been aligned with research
objectives and research questions....................................................................................................2
Evaluating regulatory, sustainability and ethical issues..................................................................3
Critically evaluating the identified theories and providing commentary........................................4
Providing review of literature along with critical analysis of contemporary research....................6
Conclusion.......................................................................................................................................6
References........................................................................................................................................8

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Introduction
Accounting research is vital for a business as research project includes the methodology
which mainly points out the types of methods that are conducted for the research. In this study,
the research methodology is to be designed for the qualitative research which has to be aligned
with the objectives as well as the questions of the research. Regulatory, sustainability and ethical
issues have also been discussed in this study which mainly evaluates the theories that are
identified in the overall project. Moreover, the review for literature and contemporary research
have been analysed with the contemporary research of the study.
Designing appropriate methodology for qualitative research that have been aligned with
research objectives and research questions
Methodology for qualitative research
The fundamentals elements of qualitative research includes the process of seeking the
information from the predefined set of procedures and evidences that are collected for the
research. It includes the strength of qualitative research which consist of the ability of providing
the textual description of the provided research issue (D. Parker and Guthrie 2014). The process
of designing the methodology for the qualitative research includes the research objectives and
research aim along with research questions. The contemporary accounting issues is to be
analysed for the ASX listed company which have been included in the study. Assessing the key
theories is to be attained for the process of linking the accounting information and corporate
social responsibility for the ASX listed companies (Beattie 2014). The contemporary accounting
issues that are associated with the business of the companies includes the fraudulent activities
that points out the regulatory issues.

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Research objectives is to be aligned with the research questions and research objectives
by pointing out the contemporary accounting problems. Contemporary issue includes the
technological changes in the process of accounting which are to be mitigated from the business
(Baskerville et al. 2017). Technological challenges focuses on the new ways that are working on
the inventions which have emerged on the process of accounting. The disrupted practice for
accounting includes the requirement for learning new set of skills and techniques which are to be
developed for mitigating the accounting issues in a better way.
Sampling method in qualitative research points out the source of collecting the
information for the research from different sources. The information that are required generally
derived from the companies and other sources of information (Buchheit et al. 2015). The
collection of data is also responsible for the maintaining the level of information that are required
for the research to be carried out. Ethical consideration is also included in the research which
points out that no one have been forced to collect the information for the research. All methods
that have been followed in the research have met their ethical standards along with considering
the facts that might have impacted the project. All data that have been collected are protected by
the Data Protection Act and other information have been collected in an ethical way. Proper
collection method have been followed by the researcher for keeping safe of the collected
information.
Evaluating regulatory, sustainability and ethical issues
The regulatory issues that are associated with the process of accounting includes the loss
of credit which is a primary issue that might lead the company to financial loss. Credit losses is
associated with financial instruments that are issued by the financial accounting standard board
and offered lending institutions (Biancone and Shakhatreh 2016). The financial assets that are

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present in the company measured the amount of loss which are based on historical experience
and forecasts that are supportable in nature. The providing of financial services might change the
accounting rules which are to be inherent on the insurance products that are offered by the
company. Moreover, financial report might get affected by the regulatory issues which points out
the source of issue by the accounting board (Benson et al. 2015). The rules for auditor’s
disclosure might include the transparency in the audit procedure which are reflected in the
auditor’s report and disclosure by the accounting firms.
The sustainable development in the process of accounting faces the major issue that are
impacted by the global concern and the organisation is to be report for their sustainability
performance. The global reporting initiatives have been developed for highlighting the common
framework along with the concept of sustainability (Spence and Carter 2014). The extent at
which the global reporting standard has influenced the need of sustainability accounting that has
emphasized on the overall process. The ethical issues in the process of accounting mainly
identifies the potential legal issues which are to be mitigated in the overall process. The view
from the outsider is to be included which points out the effective ethics the accounting
guidelines. Separating the issues is to be highlighted from the ethical standard which sheds light
on the overall process (Shipman, Swanquist and Whited 2016). Therefore, these are the ethical
issues that are pointed in the accounting practices which includes the major practices of
accounting by the organisations.
Critically evaluating the identified theories and providing commentary
The theories that have been identified includes the classical theory and marginalism
theory for accounting information. Corporate social responsibility consist of certain theory which
includes the integrative theory, ethical theory, political theory and instrumental theory (Ho et al.

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2015). The classical theory of accounting is also coined as the traditional theory which is directly
built on the accounting model and help in detecting the errors for the amount of output. The
concept of proposition is provided in the theory that are combined with the sufficient condition
for the overall process. The classical view includes the necessary condition which might impact
the overall accounting process for the company. Marginalism of theory of accounting consist of
both economic method as well as marginal decision which help the overall process of accounting
in decision making (Watson 2015). On the other hand, both of the theories of accounting mainly
uses the value that are determined by the additional utility which are used for an extra amount of
goods and services. This might help in developing the overall accounting process but the cost
would be increased for the company.
Corporate social responsibility points out the responsibility that are carried by the
company for the social environment. Integrative theory of CSR put positive impact as well as
negative impact on the company in their normal business course (Park and Jang 2014). The value
of shareholders is to be maximised for evaluating the specific values and other social activities.
The organisational status with the respective activities is to be perceived by the community
responsibility. Different level based activities is to be performed by the company and exclusion
of social activities. The stakeholder engagement addresses the right choice of business activities
which are to be carried out in the company. Other theories like ethical theory, political theory
and instrumental theory mainly points out the business to do the right thing and often plays an
important role in making the right choice (Metcalf et al. 2015). The business that creates the
tension the choice figures out to be ethical or else to optimise their total amount of profit. The
requirement of choices is to be made for the rules which are to be followed by the decision and
certain moral consideration.

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Providing review of literature along with critical analysis of contemporary research
The qualitative information mainly help in recognising the accounting practices with the
contemporary issues and those have to be examined with different types of literatures (Park and
Jang 2014). The accounting practices for the ASX listed companies is highlighted in their annual
report which are prepared after a certain fiscal year. The conceptual framework of the issue is to
be highlighted in the normal business activities. The contemporary research is the collective
understanding of role in accounting which are to be based on the intellectual diversity. The
structure of the critical issue aims in providing the appropriate strategy for mitigating the issues
that are raised in the process of accounting (Shipman, Swanquist and Whited 2016). The
phenomenon of concluding the accounting issues is to be mentioned with the accounting
department of the company which consist of respective procedures and techniques in the process
of accounting.
Conclusion
The study that have been mentioned above concludes by pointing out the accounting
research which points out the effective strategies for mitigating the accounting issues. It includes
the strength of qualitative research which consist of the ability of providing the textual
description of the provided research issue. Contemporary issue includes the technological
changes in the process of accounting which are to be mitigated from the business. The financial
assets that are present in the company measured the amount of loss which are based on historical
experience and forecasts that are supportable in nature. The contemporary research is the
collective understanding of role in accounting which are to be based on the intellectual diversity.
Therefore, the accounting research consist of certain theories and techniques which are to be
associated with the business of the organisation for better organisational review.

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References
Baskerville, R., Carrera, N., Gomes, D., Lai, A. and Parker, L., 2017. Accounting historians
engaging with scholars inside and outside accounting: Issues, opportunities and
obstacles. Accounting History, 22(4), pp.403-424.
Beattie, V., 2014. Accounting narratives and the narrative turn in accounting research: Issues,
theory, methodology, methods and a research framework. The British Accounting Review, 46(2),
pp.111-134.
Benson, K., Clarkson, P.M., Smith, T. and Tutticci, I., 2015. A review of accounting research in
the Asia Pacific region. Australian Journal of Management, 40(1), pp.36-88.
Biancone, P.P. and Shakhatreh, M.Z., 2016. Accounting Issues in Sukuk Issuance. Uluslararası
İslam Ekonomisi ve Finansı Araştırmaları Dergisi, 2(3), pp.95-108.
Buchheit, S., Dalton, D.W., Harp, N.L. and Hollingsworth, C.W., 2015. A contemporary analysis
of accounting professionals' work-life balance. Accounting Horizons, 30(1), pp.41-62.
D. Parker, L. and Guthrie, J., 2014. Addressing directions in interdisciplinary accounting
research. Accounting, Auditing & Accountability Journal, 27(8), pp.1218-1226.
Ho, S.S., Li, A.Y., Tam, K. and Zhang, F., 2015. CEO gender, ethical leadership, and accounting
conservatism. Journal of Business Ethics, 127(2), pp.351-370.
Metcalf, M., Stocks, K., Summers, S.L. and Wood, D.A., 2015. Citation-based accounting
education publication rankings. Journal of Accounting Education, 33(4), pp.294-308.
Park, K. and Jang, S., 2014. Hospitality finance and managerial accounting research: Suggesting
an interdisciplinary research agenda. International Journal of Contemporary Hospitality
Management, 26(5), pp.751-777.

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Shipman, J.E., Swanquist, Q.T. and Whited, R.L., 2016. Propensity score matching in accounting
research. The Accounting Review, 92(1), pp.213-244.
Spence, C. and Carter, C., 2014. An exploration of the professional habitus in the Big 4
accounting firms. Work, Employment and Society, 28(6), pp.946-962.
Watson, L., 2015. Corporate social responsibility research in accounting. Journal of Accounting
Literature, 34, pp.1-16.