KPMG Australia Case Study: Cloud-Based Accounting and Business Impact

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BUS707 Applied Business Research Plan
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Contents
Research Title.............................................................................................................................3
Partner organization...................................................................................................................3
Research problem.......................................................................................................................3
Research Objectives...................................................................................................................3
Research questions.....................................................................................................................4
Primary research question......................................................................................................4
Secondary question................................................................................................................4
Literature (Sources and keywords)............................................................................................4
Keywords of study.................................................................................................................4
Literature sources...................................................................................................................4
Data collection plan....................................................................................................................5
Ethical consideration..................................................................................................................5
References..................................................................................................................................6
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Research Title
Innovation in accounting and its impact on business – A case study on KPMG Australia
Partner organisation
KPMG is a famous accounting firm in Australia and provides professional services to clients.
It is founded in the most famous and four of the leading audit service providers which include
Deloitte, Ernst & Young (EY), and PricewaterhouseCoopers (PwC). The major partners of
the KPMG are Marwick International and Klynveld Main Goerdeler. These are the major
bodies which incorporate the KPMG in 1987. Moreover, KPMG Australia has employed
more than 200,000 employees globally and signifies efficient services to all people. Now,
business wants to explore them with the use of recent and modify techniques for active,
effective accounting purpose and legal constraints.
Research problem
This study is focusing on innovation in accounting and such innovation aspect influence on
business operations. Innovation includes the use of recent technology for auditing and the
inclusion of financial aspects. With the use of new and modify technique, KPMG can prepare
more appropriate records and reports for their clients to define appropriate services. The
research is focusing on the use of the cloud computing system to anticipate records of clients.
Another factor is to determine the influence of cloud computing on business practices. Thus,
the major research problem is to anticipate the best technology for KPMG to maintain records
and profile of clients. The concern research problem signifies in consideration of the use of
cloud computing for the management of records by KPMG.
"To identify the use of cloud-based accounting for management of records and profile – A
case study on KPMG”
Research Objectives
By concern research problem and aim, certain objectives will be prepared. The selected topic
of study includes innovation in accounting which includes cloud-based accounting and its
influence on business success which become possible with the help of record and profile
management of clients. Following are the research objectives on which entire study lead to
for commence:
 To determine the role of cloud-based accounting in KPMG
 To analyse the use of cloud-based accounting in the evaluation of administration
dashboard
 To measure the relationship between clouds based accounting with the management
of records and information.
These are some general context on which the complete study of KPMG relies. It is helpful to
evaluate the study properly to derive an appropriate outcome. This study will be indicated
innovation in accounting standard for Australian firms.
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Research questions
The study will be focused on research objectives and questions. There are mainly two sorts of
questions lead to draft by KPMG study on innovation and its impact on business. Primary and
secondary questions are defined as follow:
Primary research question
 What are the major benefits of cloud-based accounting for the firm?
Secondary question
 What will be the future influence of cloud-based accounting on accounting firms?
 What is the role of cloud-based accounting in the success of an accounting firm?
Thus, such are the questions on which study lead to facilitate to underpin the positive
outcome.
Literature (Sources and keywords)
Keywords of the study
The major sources of the literature are secondary data process. The keywords for the study
are defined as follow:
 Cloud-based accounting
 A cloud-based system like Xero or QBO
 Accounting information systems
 Information technology
Literature sources
 Christauskas, Č. and Misevičienė, R., 2012. Cloud-computing based accounting for
small to medium-sized business. Inžinerinė ekonomika, pp.14-21.
 Brandas, C., Megan, O. and Didraga, O., 2015. Global perspectives on accounting
information systems: mobile and cloud approach. Procedia Economics and
Finance, 20, pp.88-93.
 Brandas, C., Stirbu, D. and Didraga, O., 2013. Integrated approach model of risk,
control and auditing of accounting information systems. Informatica
Economica, 17(4), pp.87-95.
 Sajady, H., Dastgir, M. and Nejad, H.H., 2012. Evaluation of the effectiveness of
accounting information systems. International Journal of Information Science and
Management (IJISM), 6(2), pp.49-59.
These are the major sources from which an entire study leads to commence. With these four
sources, one online article is determined for assessment of accounting system. It includes
information about cloud-based accounting to facilitate a study towards the right direction.
These major sources include information about cloud-based accounting to promote study
towards the right direction with the fulfilment of all provided data and information.
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Data collection plan
A plan is anything which enables a project to lead and get done in a right desire manner.
Planning is really important before the commencement of operation and activity so that it can
provide a more absolute and fruitful result. Project manager of the selected topic needs to
draft a plan for the collection of data. This plan will be helpful to organise study towards right
and ethical manner. Following are the aspects involved by the project manager to anticipate
data collection while executing a project in the right direction:
 Identification of name
 Type of data
 Operational definition
 Stratification factors involved in the study
 Sampling notes
 Who and how
Ethical consideration
Ethics and values are an important part of a study which facilitates and direct clear
interpretation of data. Ethical consideration includes determination of the project in the right
direction. This project fulfils all ethical criteria in a relevant manner. This study includes a
clear selection of topic with relevant sources (Iphofen, R., 2016). All sources are secondary
and authenticate with an academic purpose.
Moreover, the study leads to direct properly with appropriate data collection plan. All
information about the project remains secure and does not influence others. Hence, all ethical
criteria have been fulfilled with the project in the right manner.
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References
 Gerber, B., 2018. 5 Accounting Technology Innovations CFOs Cannot Afford to Live
Without. [Online] Accounting department. [Available at:
https://www.accountingdepartment.com/blog/5-accounting-technology-innovations-
for-cfo. [Accessed on: 6th April 2019].
 Iphofen, R., 2016. Ethical decision making in social research: A practical guide.
Springer.
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