This research project proposal examines the influence of globalization on financial reporting within the context of finance and accounting. The project aims to analyze the impact of globalization, understand its significance for companies, and identify how companies like HSBC can prepare financial reports at an international level. The research will explore the advantages and challenges of globalization in the banking sector, particularly for HSBC, and aims to provide a comprehensive analysis of the topic. The proposal outlines the research objectives, including understanding the importance of globalization, its impact on financial reporting, and the ways companies prepare annual reports. The research methodology includes a literature review, case study, and research onion methodology. The project also includes activities and timelines, a research ethics approval form, and details on data collection and analysis. The project uses qualitative research methods, including case studies, to explore the challenges and opportunities that globalization brings to financial reporting.