BUS707 Applied Business Research: Role of Ethics in Accounting

This research report aims to evaluate the role of ethics in accounting, focusing on the Australian context where accounting organizations are performing well. It identifies the increasing mandatory requirement for accounting firms to examine ethics in auditing for favorable business decisions. The study addresses research questions concerning the role of ethics in auditing, challenges in implementing ethics, and approaches to eliminate ethical issues. The objectives include exploring the role of ethics, comprehending implementation challenges, and suggesting approaches for ethical issue elimination. The research plan outlines a data collection strategy involving both primary (interviews, observations, surveys) and secondary (journals, books, articles) data collection methods. Ethical considerations, such as data manipulation, plagiarism, and data privacy, are addressed to ensure research integrity. The report references relevant articles to support the literature review and research findings.

Name : ________________________________________________
Student ID : ____________________________________________
Proposed Research Title:
To evaluate the Role of ethics in accounting
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Client Organisation (if applicable)
In Australia, Accounting organization performed well than other nation. There are different
accounting activities that are delivered by 34 partners and 243 specialists of accounting industry
of Australia named tax, accounting breadth, and advisory services. Australian government
facilitates the organization for operating their business activities to accomplish their task and
meet competitive advantages. Moreover, it is examined that the government of Australia is stable
that is effective for the organization to obtain higher competitive benefits.
Research Background
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In the recent period, it is mandatory for the accounting firm to examine the role of ethics in
auditing that leads to making a favorable decision in the context of business. Furthermore, it is
examined that financial accounting auditing is used to evaluate the financial situation or
statement of the firm and reach a valid conclusion. In the current era, it is convenient to
comprehend the existing financial situation of the firm. Furthermore, the organization could
consider audit design to effectively assure the responsibilities of accounting in a diverse area of
accounting structure. It facilitates to determine both external as well as internal consistency of
organization value structure. Moreover, the company could imply many methods to eliminate the
ethical issues from the accounting named reviewing and monitoring. Moreover, it is evaluated
that financial frauds in the organization or business could create the occurrence of ethical issues.
Research Problem / Research Question
The research questions of this study are discussed below:
 What is the role of ethics in auditing?
 What are challenges faced by the organization at the time of implanting ethics in
accounting?
 What are approaches used by the organization to eliminate ethical issues from the
accounting department of the organization?
Research Aim and Objectives
This research is emphasized in evaluating the role of ethics in accounting. The following
objectives will be accomplished by the researcher to meet the aim of the research:
 To explore the role of ethics in the accounting sector
 To comprehend challenges faced by the organization at the time of implanting ethics in
accounting
 To suggested approaches used by the organization to eliminate ethical issues from the
accounting department.
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Keywords for Literature Review
 Concept of ethics
 Role of ethics in the accounting organization
 Challenges faced by the organization at the time of implanting ethics in accounting
 Approaches to eliminate ethical issues from the accounting department.
Publication details of relevant articles for a literature review
Alleyne, P., Hudaib, M. and Haniffa, R., 2018. The moderating role of perceived organizational
support in breaking the silence of public accountants. Journal of Business Ethics, 147(3), pp.509-
527.
Christensen, A.L., Cote, J. and Latham, C.K., 2016. Insights regarding the applicability of the
defining issues test to advance ethics research with accounting students: A meta-analytic
review. Journal of Business Ethics, 133(1), pp.141-163.
Karaibrahimoglu, Y.Z. and Cangarli, B.G., 2016. Do auditing and reporting standards affect
firms’ ethical behaviors? The moderating role of national culture. Journal of Business
Ethics, 139(1), pp.55-75.
Data Collection Plan
In the research study, data gathering plan facilitate investigators to determine methods by which
data will be collected in the favor of the research matter (Knechel and Salterio, 2016). The data
collection techniques could be effective for collecting reliable information in the context of
current concern. In this research, both primary and secondary data collection tool will be
practiced by the investigator to meet the purpose of the study by considering fresh information
(Ji, 2017). Moreover, the primary information gathering method will be used for getting the
factual data about the role of ethics in the accounting system. In this, there are many sources
which will be involved to conduct the research named interview method, observation method and
survey through questionnaire method (McAlister and Ferrell, 2016).
Apart from this, secondary data collection technique is practiced for collecting information from
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existing sources named journals, newspaper, books, articles, and internet (Ma’Ayan, and Carmeli,
2016). Both data collection method will assist research scholar to get reliable and standard
information in the context of the current issue (El Ghoul, Guedhami, and Pittman, 2016). It is also
evaluated the primary data collection method directly connect to research scholar to specified
research candidates as it would be effective for the accomplishment of the desired goal.
Moreover, data collection methods will be effective for getting the favorable result about research
issue. From the application of secondary data collection method, the researcher will entail
literature review method and get views and opinions of others towards the research matter. Apart
from this, the survey through questionnaire will empower to evaluate the research matter by
getting the opinion of the participant’s form others (Brierley. and Gwilliam, 2017).
Ethical Consideration
Ethical consideration leading the research candidates as well as a researcher to conduct suitable
behavior with each other at the time of doing their business study. Furthermore, ethics norms
could identify what behavior should be implemented or not in the research (Boyle, Boyle, and
Carpenter, 2017). Apart from this, ethics demonstrate differences among correct as well as
incorrect behavior of an individual at the working place (Belal, 2016). Furthermore, ethical
consideration act could make facilitates both investigator as well as research candidates to
conduct suitable behavior and research at the reliable conclusion. The investigator will consider
different components to eliminate the issues of research and make a favorable decision in the
context of research issues named lack of data manipulation, followed university guidelines, lack
of plagiarism, and appropriate citation. It could eliminate the probabilities of ethical issue
occurrence form the research study. The research will always remember that they should never
share the personal data of research candidates. It could eliminate the probabilities of ethical
dilemma issues from the study in an effective manner (Alleyne, Hudaib, and Haniffa, 2018).
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References
Alleyne, P., Hudaib, M. and Haniffa, R., 2018. The moderating role of perceived organizational
support in breaking the silence of public accountants. Journal of Business Ethics, 147(3), pp.509-527.
Belal, A.R., 2016. Corporate social responsibility reporting in developing countries: The case of
Bangladesh. Routledge.
Boyle, D.M., Boyle, J.F. and Carpenter, B.W., 2017. Accounting student academic dishonesty: What
accounting faculty and administrators believe. The Accounting Educators' Journal, 26.
Brierley, J.A. and Gwilliam, D., 2017. Human Resource Management Issues in Accounting and
Auditing Firms: A Research Perspective: A Research Perspective. Routledge.
El Ghoul, S., Guedhami, O. and Pittman, J., 2016. Cross-country evidence on the importance of Big
Four auditors to equity pricing: The mediating role of legal institutions. Accounting, Organizations
and Society, 54, pp.60-81.
Ji, X.D., 2017. Development of accounting and auditing systems in China. Routledge.
Knechel, W.R., and Salterio, S.E., 2016. Auditing: Assurance and risk. Routledge.
Ma’Ayan, Y. and Carmeli, A., 2016. Internal audits as a source of ethical behavior, efficiency, and
effectiveness in work units. Journal of business ethics, 137(2), pp.347-363.
McAlister, D.T. and Ferrell, O.C., 2016. Corporate governance and ethical leadership. In Business
ethics: New challenges for business schools and corporate leaders (pp. 68-93). Routledge.
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