Research Proposal: Financial Reporting Challenges of Listed Companies

This research proposal focuses on the challenges in financial reporting faced by listed companies, examining issues related to domestic and international reporting frameworks. The study aims to identify core issues, establish harmonization between domestic and international standards, and develo...Read More

RUNNING HEAD: Research proposal on challenges in financial reporting of listed company
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Name of the student-
Topic- Research proposal on challenges in financial reporting of listed company
University name

Challenges in financial reporting of listed company
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Table of Contents
Title of the research proposal................................................................................................................3
Rational for choosing this topic.............................................................................................................3
Research objectives...............................................................................................................................3
Research question.................................................................................................................................3
Key literature sources............................................................................................................................4
Mini Literature review...........................................................................................................................4
Research methods.................................................................................................................................5
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Challenges in financial reporting of listed company
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Title of the research proposal
The main research topic is “The challenges in financial reporting of listed company”
Rational for choosing this topic
The topic related to the challenges in financial reporting of listed company will envisages
upon how company could mitigate the challenges arise from domestic and international
reporting frameworks.
This will help all the listed companies to establish proper harmonization in domestic and
international reporting frameworks. This will help accountant and auditors to learn core
aspects of international reporting in determined approach.
Research objectives
 Identifying the core issues faced by listed companies in domestic and international
reporting frameworks.
 Establish harmonization in domestic and international reporting of financial
statement.
 Prepare effective financial reporting frameworks for the listed companies
Research question
How company could establish harmonization in domestic and international reporting of
financial statement?
What are the key issues which company faces while reporting of its financial statement on
international level?

Challenges in financial reporting of listed company
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Why domestic financial reporting frameworks differ from the international reporting
frameworks?
Key literature sources
Brown, J. and Dillard, J., 2014. Integrated reporting: On the need for broadening out and
opening up. Accounting, Auditing & Accountability Journal, 27(7), pp.1120-1156.
Cheng, M., Green, W., Conradie, P., Konishi, N. and Romi, A., 2014. The international
integrated reporting framework: key issues and future research opportunities. Journal of
International Financial Management & Accounting, 25(1), pp.90-119.
Ioannou, I. and Serafeim, G., 2017. The consequences of mandatory corporate sustainability
reporting.
Lu, Y. and Abeysekera, I., 2014. Stakeholders' power, corporate characteristics, and social
and environmental disclosure: evidence from China. Journal of Cleaner Production, 64,
pp.426-436.
Stubbs, W. and Higgins, C., 2014. Integrated reporting and internal mechanisms of
change. Accounting, Auditing & Accountability Journal, 27(7), pp.1068-1089.
Mini Literature review
As per the perception of Cheng, et al., 2014, it is divulged that there are several accounting
standards which are given under the international financial reporting standards which need to
be followed by each and every listed companies on mandatory basis to have effective
reporting frameworks. This helps stakeholder to interpretive all the key financial information
of company in determined approach.

Challenges in financial reporting of listed company
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As per the views of Lu, Y. and Abeysekera, I., 2014, it is reflected that stakeholders are the
real owners of the company. It is considered that if company operates its business on
international level then these companies will have to comply with all the international rules
and regulations for the better compliance program.
As stated by Brown and Dillard, 2014, it is divulged that integrated reporting in the listed
companies will also increase the overall transparency of the financial statement of company.
This will help company to maintain effective business functioning and increased transparency
of the business.
As per the views of Stubbs and Higgins, 2014 it is depicted that integrated of financial
reporting should be done by considering accounting and taxation rules and regulations. For
instance, as per the AASB-122, financial statement prepared should have all the income and
expenses allowable by the income tax authority.
As per the perception of Ioannou and Serafeim, 2017, it is reflected that if company has
effective reporting frameworks, then it will increase the sustainability of the business and
brand image in determined approach. Consequences of mandatory corporate sustainability
reporting are the most required intent to increase the transparency of the business. This will
increase the overall brand image of company and will also establish effective corporate
sustainability in the business.
Research methods
This report put emphasis upon analysing the impact of corporate financial reporting on the
corporate sustainability and transparency of the business to stakeholders. The main research
methods of this study are based on the quantitative and qualitative information which is
grasped by using survey methods, observation and using questionnaire. This research method

Challenges in financial reporting of listed company
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will help researchers to evaluate all the required details and information on the integrated
reporting frameworks and how company could establish harmonization in international and
domestic reporting frameworks. In addition to this, researchers could use following the
research methods such as collecting data through survey methods, observation and using
questionnaire. Nonetheless, quantitative analysis will be implemented through the data
analysis and using graphs and charts. These graphs, charts and documents will help readers to
easily understand all the information in determined approach. This collected data should be
descriptive and exploratory studies which focus on the auditing and accounting standards for
the financial reporting of listed companies.