Business Research: Foreseeing Accounting Development & Growth

This research report investigates the development of accounting in relation to Australia's economic growth, focusing on the impact of International Financial Reporting Standards (IFRS) and Accounting Information Systems (AIS). It identifies the research problem as the challenges faced by business managers in utilizing global accounting software and the need for advanced accounting standards to ensure economic transparency. The report outlines research objectives including understanding the benefits of IFRS and AIS, identifying new accounting strategies, and addressing factors hindering their implementation. It includes a literature review highlighting the role of IFRS in facilitating international business and capital market development. The report also proposes a research methodology involving data collection and analysis techniques, and addresses ethical considerations. Ultimately, the study aims to provide insights and recommendations for improving accounting practices in Australia to foster economic growth.

Running head: BUSINESS RESEARCH METHODOLOGY
Business Reserach methodology
Name of the Student
Name of the University
Author’s Note

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Executive Summary
Foreseeing the development of accounting based on the current level of economic growth is the
primary concern of this study. The research proposal is conetituted with three chapters.
Introduction part has identified the research issue. The purpose of the research proposal is to
evaluate the key benefits of IFRS Australia and Accounting Information System in business and
to identify new accounting strategy for rendering more improvement in the economic condition
of Australia. Literature review has made in-depth critical evaluation of the research topic. The
primary obejcetive of IFRS is to provide exact information regarding financial position, financial
performances and cash flow of an entity.
The implementation of IFRS has enabled the business experts in comparing data with other
contemporaries. Research methodology part will propose the apporpriate methodological tools
with the help of which data will be gathered and evaluated. Literature review has presented the
similar context on the ten articles along with its dissimilar contexts. The manegrrial implecation
is discussed. At the same time, the study has focused to present the research plan in the
methodology part along with mentioning its ethical considerations. In methodology part, the
study evaluates the apporpirtae data collection and data analysis technique. Some of the effective
ways of sampling techniques is also evaluated in this study.

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Table of Contents
1. Introduction:................................................................................................................................3
Reserach background:.....................................................................................................................4
2. Research problem and objectives:...............................................................................................5
3. Research questions:.....................................................................................................................6
4. Research hypothesis:...................................................................................................................7
5. Literature Review:.......................................................................................................................7
5.1 Summary:...................................................................................................................................7
5.2. Common theme across the article:............................................................................................8
5.3 Different theme across the articles:.........................................................................................10
5.4 Managerial implecation:..........................................................................................................11
5.5 Study Limitation:.....................................................................................................................11
5.6 Summary:.................................................................................................................................12
6. Methodology decision:..............................................................................................................13
6.1 Type of data:............................................................................................................................13
6.2 Data collection method:...........................................................................................................14
6.3 Sampling technique:................................................................................................................14
6.4 Data anlsysis:...........................................................................................................................15
6.5 Ethical consideration:..............................................................................................................16
6.6 Summary:.................................................................................................................................16
6.7 Time-frame of research plan:...................................................................................................17
7. Conclusion:................................................................................................................................18

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Reference List:...............................................................................................................................19
Appendix:......................................................................................................................................21

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Proposed Research Title: Foreseeing the development of accounting based on the current
level of economic growth
1. Introduction:
The present study aims to provide in-depth evaluation about the importance of accounting
development forecast and its ways of improvement for rending economic growth of Australian
business field. Befroe analyzing the impirtance of accounting development in terms of current
econmic growth of Australia the study has provided deatiled understanding and knowledge about
the concept of accounting. Acoounting is the systematic process of identifying, measuring,
interpreting and communicating financial information. While running a corporate indsurty
effectively every business expert needs to have clear transperncy about the mobilization of
international and domestic investment. Therefore, in order to create a transperancy about profit
margin as well as the economic perormance of the organization the role of accounting is highly
significant. The research issue that is identified for this specific study includes foreseeing the
development of accounting based on the current level of economic growth. With the help of
collecting appropriate data and information from various resources the study will focus on
analyzing the identified research issue.
The theory of motivation develops from the concept of fiscal volatility. While dealing
with the international customers as well as foreign investors it is however felt that the business
experts need to widen their sphere of knowledge. National accounting stanrdard cannot multiply
the busienss opportunity beyond going its regional spheres. In order to introduce the brand in the
global market the business experts would have to be dependent on global accounting software.

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Bhat, Callen and Segal (2016) opined that Discursive Policy Entrepreneurs (DPE) is
implemented in context to the macro and micro government in Australia.
This theoretical framework believes that company should invest money from
international investors in quest of expanding the brand and rendering immense economic growth.
At the same time, it is quite evident that IFRS is constituted with several risk factors as well. If
the business experts are unable to use this software they have to face immense business crisis
which can damage the entire business flow. However, the theory of motivation enables the
business experts in learning international business language so that they can successfully deal
with foreign investors.
Reserach background:
After evaluating necessary data on Australian business scenario, it is evident that the
business experts need to adpot innovating accounting standards for redning economic traperancy
in buisness (Afonso and Furceri 2010). At the same time, accounting helps in rending economic
development as well which ultimately reflects on the business performances. Australia has
adopted the IFRS (International Financial Reporting Standards) with the help of which common
global language can be used for the purpose of international business standard. The primary
obejcetive of IFRS is to provide exact information regarding financial position, financial
performances and cash flow of an entity. The implementation of IFRS has enabled the business
experts in comparing data with other contemporaries. As a result, the organization can actually
understand their current position in the market based on which they get the scope to improve
their skills and capabilities. On the other hand, with the help of this accounting standard the
business experts can calculate the future growth and its posibitiies.

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Apart from IFRS, Australia adopts Accounting Information System as well to keep a
contant control over the organizational financial sctor. AIS helps in keeping the busienss
environemnt healthy and transperant (Dayanandan et al. 2016). The business experts are very
much able to collect and store financial database chronologically which enables them in making
appropriate decision towards the business services. AIS is practically a computer-based method
in quest of tracking accounting activities in conjunction with information technology resources.
AIS is an advanced accounting standard with the help of which organizational experts are able to
collect chronological data of the company. Consequently, in any kind of organizational crisis the
business experts get the opportunity of restoring data and making a proepr evaluation of it.
Natuarally, the entire decision making method become easier.
2. Research problem and objectives:
While evaluating the research issue the study focuses to evaluate on how business
managerss have to face challenges in using global accounting software. In order to overcome the
challenges faced by the business experts the first initiative that should be take is to develop
technological skill and competency level. The business experts would have to receive effective
training and development session. Sufficient training and development session would help the
employees in getting accustomed with the advanced technology. Organzations of Australia
should provide internal courses so that employees can learn IFRS standard. If the Australian
business experts can go beyond national accounting standard the business process can be
expanded beyond going regional backgrounds. On the other hand, the realm of target market
would be automatically high. Therefore, training can enhance the technological skill and
competency of an individual.

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After evaluating the scope of businss organizations it is obsrved that Australian business
organizations are facing innumrable challnges in order to run their businss sustainability due to
the lack of efficiency in maintaining accounting standards. On the other hand, organizations do
not use advancd accounting standard based on which data can be chronologically saved and
gathered. Consequently, the business experts are not getting a proper tramsperancy regarding
their organizational database. In order to overcome this kind of situation, Australian
organizations have focused to use advanced accounting standard within business in order to
render economic development as per the current situations. The overview of research objectives
are given below:
 To critically understand the key benefits of IFRS Australia and Accounting Information
System in business
 To identify new accounting strategy for rendering more improvement in the economic
condition of Australia
 To highlight the factors which are preventing in the implementation of new accounting
straegy within Australia
 To provide some of the major recommendations on how to overcome the challenges of
implementing new accounting strategy
3. Research questions:
 What are the key benefits of IFRS Australia and Accounting Information System in
business?
 What should be the new accounting strategy for rendering more improvement in the
economic condition of Australia?

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 What are the factors which are preventing in the implementation of new accounting straegy
within Australia?
 What should be the major recommendations to overcome the challenges of implementing
new accounting strategy?
4. Research hypothesis:
H0: IFRS has significant impact in developing economic growth of Australia as per current
economic standard
H1: IFRS has no significant impact in developing economic growth of Australia as per current
economic standard
5. Literature Review:
5.1 Summary:
The development of capital market is highly significant in enahcing the economic growth
and presperity of the country. The primary mission of IFRS standard is rendering transperency,
accountability as well as efficiency of capital market. IFRS brings and fosters long-term stability
in the overall global economy. Financial information can be considered as the lifeblood of capital
market. In order to brind organiztaional profit the business experts need to have detailed
information about financial stablity, their profit margin level and ways of improving
performances (Afonso and Furceri 2010).
The majority of the countries need to use IFRS standard in quest of compraing the
constarsting the current economyic status of a country along with its future scopes. After

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adopting IFRS standard in the Australian business market the busines experts have achieved
numrous advantages. The business managers who have to control the business process by sitting
in other geographic boundary needs to have clear knowledge in operating IFRS standards.
Otherwise, they cannot evaluate the current market position of their organiztaion in comparision
to its competitors. Foreign investers do not have enough time to get accutsomed with the
language of national accounting standards. Consequently, the business experts have to be well
aware of IFRS standards so that they can dealw with the foreign investors effectively. Foreign
investment is effective enough in rendeing the economic growth of country.
5.2. Common theme across the article:
 As per the business scenario of last five years, it is observe that Australian business
executives were not well habitualted in dealing with the foreign investors due to the lack of
efficiency in IFRS standard. The business experts are not getting enough opportunity in
investing sufficient amount of money in business (Beneish, Miller and Yohn 2015) opined
that. As a result, most of the organizations are getting restricted with regional bounadries.
Consequently, there is no scope of economic development.
 However, in current business scenario, Australian organizations have adopted IFRS standards
(Chua, Cheong and Gould 2012). As a result, the business managers are successfully able to
comparae and contrast the financial database from the perspective of international capital
market scenario. The business experts do not have to face any difficulties in investing capital
within business from foreign investors (Abata 2015). Naturally, the business as well as the
country is getting well developed in economy.
 After adopting global acoounting standard like IFRS the business experts can easily idntify
the risks and opprotunities across the World. It is undeniable that single accounting language

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always lowers the cost of capital (Umobong and Akani 2015). It becomes very much
restricted within specific geographic boundary. Therefore, the business epxerts do not get the
opportunity to use that signle set of accounting language in other business sphere. However,
IFRS helps the business persons in making their capital market high and expand the business
process beyond going regional bounadry.
 Houqe and Monem (2016) opined that Australian accounting review always enables the
business experts to get in-depth knowledge and understanding about the current market
position of business. Deatiled scenario of the profit business margin is clearly invested with
the help of Australian accounting review.
 On the other hand, the business experts can get the opportunity of analzying their business
condition and postion in comparision to its competitors by utilizing Australian accounting
review. Kaya and Koch (2015) opined that the business managers before taking a major
strategic decision can go through accounting review. As a result, the organization would get
to know the importance of adopting acoounting software within business.
 Based on the accounting review and burrent business postion the organizational investors
decides to invest money for business expansion. After evaluating accounting review the
business experts get to know whether business opportunity is high or low in the international
market.
 Kraft and Landsman (2017) stated that business invstors seeks for diversification and
penetration in investing capital. Therefore, they intends to bring the regional business
enterprises in global market. Accounting review is the sector where the investors get to know
whether those regional business enterprises are capable enough in dealing with foreign
investors or not.

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5.3 Different theme across the articles:
 Accounting information system stores and interpret database which enables the business
managers to take right decision in strategic making. AIS prmarily compiles finance, tax and
payroll of data. With the help of AIS process data transaction can be processed. After making
an effective data transaction method AIS disseminates financial information. As a result, it
becomes easier for the financial experts to make strategic decision in business (Dayanandan
et al. 2016). It is however undeniable that AIS software is advanced and emerged technology
with the help of which computarized data can be stored and gathered in a faster way. In
addition, this specific software enables the business experts in evaluating and analyzing the
company database from other competitors. As a result, both the business experts and the
services users both get equal benefits.
 The business managers can get chronological database of the company based on which they
can decide the future growth of their organization (Loyeung et al. 2016). On the other hand,
service users as well can get the business growth and futire prosper of this company by going
through the annual report. This kind of financial report craetes an impression on the mind of
customers.
5.4 Managerial implecation:
Numerous Australian business managers are not well accustomed with the advancement
of technology. In this kind of situation, they have to face immnese challenges in operating
International Financial Reporting Standards and Accounting information system. While dealing
with the foreign invetors the business experts have to be accutsomed with emrging technnology.
They are unable to use global accounting standards and utilize the information for futher decision
making process.

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It has also been observed that advanced technology is not effective enough in operating
International Financial Reporting Standards. They business managers should have in-depth
knowledge on global labguage. After evaluating data it has been observed that more than 50% of
the business experts are comforatble with national accounting standards. Therefore, it is very
much difficult for the foreign invetors to understand single accounting standards. In this kind of
situation major gap is created which highly reflects on the economic development of business.
Being uanble to understand the global language the business manages do not get the scope of
invest foreign capital and expand their wings in international market.
5.5 Study Limitation:
The study has evaluated primarily the new accounting strategy for rendering more
improvement in the economic condition of Australia, the key benefits of IFRS Australia and
Accounting Information System in business. The factors which are preventing in the
implementation of new accounting straegy within Australia is widely evaluaeted in this study.
The literature review has provided detailed analysis about the role of Australian Accounting
Review in improving the Australian economic condition in future. The study has evaluated that
numerous Australian business epxerts are not well accustomed with the advancement of
technology. In this kind of situation, they have to face immnese challenges in operating
International Financial Reporting Standards and Accounting information system.
Still, this literature review is not devoid of some of its major limitation. The study has not
critically evaluated the importance of IFRS standards in economic devlopment. The scholars
have only highligted the positive imapcts of IFRS and its role in international capital market. At
the same time, global accounting standard is possessed with some of its major risk factors as

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well. The study has not presented the ncessary risk factors that business experts may have to face
while using this global accounting standard. In addition, the overall study could have been
presenetd in argumentative manner.
5.6 Summary:
While summarizing the entire literature review it can be summed up that the business
experts need to have detailed information about financial stablity, their profit margin level and
ways of improving performances in order to bring organiztaional profit. The business managers
who have to control the business process by sitting in other geographic boundary needs to have
clear knowledge in operating IFRS standards. As per current business scenario, Australian
organizations have adopted IFRS standards. As a result, the business managers are successfully
able to comparae and contrast the financial database from the perspective of international capital
market scenario. It is undeniable that single accounting language always lowers the cost of
capital. It becomes very much restricted within specific geographic boundary. Therefore, the
business epxerts do not get the opportunity to use that signle set of accounting language in other
business sphere.
The study has also evaluated that the business managers before taking a major strategic
decision can go through accounting review. As a result, the organization would get to know the
importance of adopting acoounting software within business. While dealing with the foreign
invetors the business experts have to be accutsomed with emrging technnology. Otherwise, they
are unable to global accounting standards and utilize the information for futher decision making
process. It has also been observed that advanced technology is not effective enough in operating
International Financial Reporting Standards.

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6. Methodology decision:
6.1 Type of data:
Two types of data is collected primarily that include primary source of data collection technique
and secondary source of data collection technique. Primary resource of data helps the reseracher
to directly communicate with the participants (Collis and Hussey 2013). As a result, the
reseracher can get an immediate response from the participants. On the other hand, secondary
source of data collection methods depends on numeours journals, magazines, bookd and so on.
With the help of secondary source of data collction methods appropriate data can be gathered by
involving numeorus eminent scholars.
Justification of the chosen data type:
In this study both primary and secondary source of data collection technique will be used
for compleetig the research work successfully. Primary source of data collection methods would
enable the reseracher to make both quantitative research work and qualitative research. By
involving 5 business investors data will be collected for knowing the key benefits of IFRS
Australia and Accounting Information System in business. On the other hand, with the help of
qualitative data collection technique the reseracher would like to involve three business managrs
from the organizations of Australia who have implemented IFRS standards. At the same time,
secondary source of data collection would enable the reseracher in evaluating data by involving
the point of views of numeorus eminent scholars.

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6.2 Data collection method:
Data analysis is the systematic procedure of analyzing the data based on findinds. In
order to find out the result of collected responses the researcher would like to involve various
tools. In order to collect qualitative data work the study would follow structured interview
method for ten minutes. With the help of structured interveiw methods the reseracher would like
to form questions categorically before arranging the interview session. As a result, the reseracher
would not have to be deendent on the response of the participants and formulate questions
instantly. Lastly, in order to make seconadry data analysis the study would like to follow
thematic analysis method. Thematic analysis method enables the reserachers in evaluating the
data based on particular themes.
6.3 Sampling technique:
Sampling is the systmatic method of evaluating the entire data and information amidst
immnese population. Sampling technique is of two major types including probability samping
techniques and non-probability sampling techniques. With the help of probability sampling
technique method the researcher can select the respondents randomly. On the other hand, non-
probability sampling technqiue enables the reseracher in evaluating data based on the selected
participants. In this very specific study non-probability sampling techniques would be used in
quest of involving limited number of participants. The reseracher while involving the
participants would like to focus on selecting those people who are directly involved with the
research issue. Thus, business investors and the business managers are only involved for
provding appropriate information.

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6.4 Data anlsysis:
Qualitative analysis will be conducted in order to get in-deth response from the
participants. While forming the interview session observational analysis will be sleceted with the
help of which acute observation can be conducted on the response of participants. Based on the
observational analysis research issue can be designed from various perspectives. Research
philosophy is the most significant process of collecting information by using philosophical
approaches. Research philosphy is constitted with three major types. Positivism, interpretivism
and realism are the three types of research philosophy. In this study positivism philosphy will be
used based on which in-depth and keen observation is made based on the research issue.
By using deductive philosophical approaches the study will conduct numerous case
studies on new accounting strategy for rendering more improvement in the economic condition
of Australia. In order to evaluate the the key benefits of IFRS Australia and Accounting
Information System in business the study will focus on evaluating descriptive research design.
With the help of descriptive research design the reseracher would like to describe diferent
advantages of using IFRS in Australia business purpose. As a result, the reseracher would not
have bother on exploring new information from the identified research issue (Coleman 2013).
Descriptive research design enables the reseracher to evaluate data based on the collected
information.
6.5 Ethical consideration:
While conducting the entire study every reseracher has to follow proper ethics, values
and beliefs. While involving the data and information the reseracher should strictly maintain
confidentiality of the participants’ identity. Gathered data would not be leaked in front of the

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third party. For that purpose the reseracher will have to follow data protection act. On the other
hand, both male and female participants should be provided equal respct and dignity. Therefore,
the researcher should strictly follow gender euqality act. Lastly, by implementing anti-
discrimination act the reseracher would have to giver equal priority to the people of various
cultural backgrounds and attitudes.
6.6 Summary:
While summaring methodlogy and its importance it can be stated that this particular
chaoter leaves a major significance on the overall success of a research work. Research
philosophy is the most significant process of collecting information by using philosophical
approaches. In order to evaluate the the key benefits of IFRS Australia and Accounting
Information System in business the study will focus on evaluating descriptive research design. In
this study both primary and secondary source of data collection technique will be used for
compleetig the research work successfully. Primary source of data collection methods would
enable the reseracher to make both quantitative research work and qualitative research
In case of data analysis method, for quantitative questionneires the reseracher would like
to use statistical tools and the data will be presented in the likart chart. In addition, in order to
make seconadry data analysis the study would like to follow thematic analysis method. The
reseracher while involving the participants would like to focus on selecting those people who are
directly involved with the research issue. Lastly, the entire research method has strictly followed
apporpriate regulations and acts while conducting the research. Regulations are categorically
mentioned in the ethical consideration part.

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6.7 Time-frame of research plan:
This specific time-frame will signify the entire research plan and its approximate
timetable within which the entire study would be completed.
Main activities/ stages 1st-2nd
Week
3rd- 4th
Week
5th- 6th
Week
7th-8th
Week
9th- 10th
Week
11th- 12th
Week
Selection of industry
Data collection about food and
beverage industry
Framing layout of the research
Review about Sri-Lanka
market growth
External environmental
analysis
Evaluating opportunities and
gaps
Data collection
Analysis & Interpretation of
Data Collection
Conclusion of the Study
Formation of Rough Draft
Submission of Final Work
Table: Time-frame of the research plan
(Source: As created by the author)

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7. Conclusion:
The entire study has provided in-depth overview about the importance of developing
accounting based on the current level of economic growth. The study has highlighted that
implementation of IFRS has enabled the business experts in comparing data with other
contemporaries. As a result, the organization can actually understand their current position in the
market based on which they get the scope to improve their skills and capabilities. With the help
of sufficient secondary data it is analyzed that the business experts are not getting a proper
tramsperancy regarding their organizational database. Therefore, in quest of rendering economic
development, Australian organizations have focused to use advanced accounting standard within
business.
Therefore, the expected outcome of the research work seems to be positive. With the help
of implementing new accounting strategic business organizations of Australia are expected to
render immnese economic growth. On the other hand, it is quite evident that the study will
continue the data analysis method systematically. As a result, the reseracher is expected to
analyze the research issue effectively. With the help of an effective data collection procedure the
reseracher would be able to gather reliable and valid data resources from both primary and
secondary data collection techniques. The entire procedure of research work ex expected to be
completed within stipulated time.
Reference List:

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Abata, M.A., 2015. The impact of international financial reporting standards (IFRS) adoption on
financial reporting practice in the Nigerian banking sector. Journal of Policy and Development
Studies, 289(1850), pp.1-16.
Afonso, A., and Furceri, D. 2010. Government size, composition, volatility and economic
growth. European Journal of Political Economy, 26(4), 517-532.
Beneish, M.D., Miller, B.P. and Yohn, T.L., 2015. Macroeconomic evidence on the impact of
mandatory IFRS adoption on equity and debt markets. Journal of Accounting and Public
Policy, 34(1), pp.1-27.
Bhat, G., Callen, J.L. and Segal, D., 2016. Testing the transparency implications of mandatory
IFRS adoption: The spread/maturity relation of credit default swaps. Management
Science, 62(12), pp.3472-3493.
Bryce, M., Ali, M.J. and Mather, P.R., 2015. Accounting quality in the pre-/post-IFRS adoption
periods and the impact on audit committee effectiveness—Evidence from Australia. Pacific-
Basin Finance Journal, 35, pp.163-181.
Cascino, S. and Gassen, J., 2015. What drives the comparability effect of mandatory IFRS
adoption?. Review of Accounting Studies, 20(1), pp.242-282.
Chua, Y.L., Cheong, C.S. and Gould, G., 2012. The impact of mandatory IFRS adoption on
accounting quality: Evidence from Australia. Journal of International accounting research, 11(1),
pp.119-146.
Coleman, R. (Ed.)., 2013. Deleuze and research methodologies. Edinburgh University Press.

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Collis, J. and Hussey, R., 2013. Business research: A practical guide for undergraduate and
postgraduate students. Macmillan International Higher Education.
Dayanandan, A., Donker, H., Ivanof, M., and Karahan, G. 2016. IFRS and accounting quality:
legal origin, regional, and disclosure impacts. International Journal of Accounting and
Information Management, 24(3), 296-316.
De George, E.T., Li, X. and Shivakumar, L., 2016. A review of the IFRS adoption
literature. Review of Accounting Studies, 21(3), pp.898-1004
Houqe, M.N. and Monem, R.M., 2016. IFRS adoption, extent of disclosure, and perceived
corruption: a cross-country study. The International Journal of Accounting, 51(3), pp.363-378.
Kaya, D. and Koch, M., 2015. Countries’ adoption of the International Financial Reporting
Standard for Small and Medium-sized Entities (IFRS for SMEs)–early empirical
evidence. Accounting and Business Research, 45(1), pp.93-120.
Kraft, P. and Landsman, W.R., 2017. Effect of mandatory IFRS adoption on accounting-based
prediction models for CDS spreads.
Loyeung, A., Matolcsy, Z., Weber, J., & Wells, P. 2016. The cost of implementing new
accounting standards: The case of IFRS adoption in Australia. Australian Journal of
Management, 41(4), 611-632.
Mohammadrezaei, F., Mohd-Saleh, N. and Banimahd, B., 2015. The effects of mandatory IFRS
adoption: A review of evidence based on accounting standard setting criteria. International
Journal of Disclosure and Governance, 12(1), pp.29-77.

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Umobong, A.A. and Akani, D., 2015. IFRS adoption and accounting quality of quoted
manufacturing firms in Nigeria: A cross sectional study of brewery and cement manufacturing
firms. International Journal of Business and Management Review, 3(6), pp.61-77.

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Appendix:
Student Details
Name :
Student Number :
Email :
Subject (Code/Name) :
Supervisor Details
Name :
Email :
Proposed Research Details :
Topic: Foreseeing the development of accounting based on the current level of economic growth
Summary of the proposed research project, including brief description of methodology (bullet points
where applicable)
The present study aims to provide in-depth evaluation about the importance of accounting
development forecast and its ways of improvement for rending economic growth of Australian
business field. The primary objective of the study is to evaluate the key benefits of IFRS
Australia and Accounting Information System in business
Ethics Checlist (Participants)
How do you propose to select your participants ?
I would like to create a Gmail form to propose in selecting participants
Will your research involve adults who might be identified by you or anyone else reading the research ?
(Yes/No). If yes, how will you obtain their consent ?
Yes: I will obtain their consent by taking written communication through email
Does your research involve children under eighteen years old ? (Yes/No)
NO: Only Adults are applicable for participating in data collection

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Ethics Checlist (Participants)
Will your research take place in an institution ? (Yes/No)
YES
Are in a position of power over participants ? (Yes/No), if yes, describe any ethical implication an dhow
you deal with them
NO:
Describe any risk or harm to participants which might be associated with yoru research and how would
you propose to minimese these risks
NO risk is associated after providing data
Privacy and Confidentiality
How will you protect the confidentiality and privacy of your participants ?
I will strictly follow data protection act, data security act
Will it be possible to identify participants from published data ? (Yes/No), if yes, is there any ethical issue
which may arise from such identification.
NO: We will follow data confidentiality Act
Data Collection and Storage
Who will have access to the data ?
The person who conducts the research

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How will you store the data in order to ensure its security
I will use prendrive, audio recorder for storing collected data