BUS707 Research Plan: Analyzing Accounting Regulation at Woolworths

This research plan outlines a study to analyze the impact of accounting regulations on Woolworths Supermarket in Australia. It includes a background, research problem, aims, and objectives focusing on understanding the meaning of accounting regulations in Australia, analyzing their influence on Woolworths' organizational performance, and recommending regulations for improvement. The plan details a literature review strategy using relevant articles and a mixed-methods data collection approach, combining primary data from surveys with secondary data from journals and online sources. Ethical considerations, including plagiarism and data manipulation, are addressed to ensure research integrity. The research aims to provide insights into how accounting regulations affect financial performance within the Australian supermarket context. This document is available on Desklib, a platform offering study tools and solved assignments for students.

Name : ________________________________________________
Student ID : ____________________________________________
Proposed Research Title:
To analyze the impact of accounting: in context of Woolworths Supermarket, Australia
Client Organisation (if applicable)
Woolworths Supermarket, Australia
Research Background
In curernt business senerio, the accounting regulation issue become a significant aspect
for imporving the finanacial performance of organzation as it supports to gather, record,
and evaluate the financial information of firm. It demonstrates the financial information
in the form financial statement, balance sheet, profit, and loss account. In the current
scenario, it is complicated for the company to keep business transaction in a systematic
manner. Hence, the company has needed to gain their understanding about international
accounting records as it would be supportive to maintain the business transaction
(Anfara Jr, and Mertz, 2014). This research report will support to critically analyze the
accounting regulation impact on the organizational performance in the context of
Woolworth supermarket, Australia.
1 | P a g e

Research Problem / Research Question
 What is the meaning and concept of accounting regulation in Australia?
 How accounting regulation influence organizational performance: in context of
Woolsworth, Australia?
 Which accounting regulation could improve the organizational performance: in
context of Woolsworth, Australia?
Research Aim and Objectives
The main aim of this research is to address the impact of accounting regulation on the
organization performance in the context of Woolsworth, Australia. The following
objectives will be used to accomplish the research aim:
 To discover the meaning and concept of accounting regulation in Australia
 To analyze the impact of accounting regulation on organizational performance:
in context of Woolsworth, Australia.
 To recommend accounting regulation to improve the organizational performance
in the context of Woolsworth, Australia.
Keywords for Literature Review
The literature review section will help to increase the theoretical understanding about the impact
of accounting standards on the organizational performance- in the context of Woolworths
supermarket, Australia. It will also aid the researcher to understand meaning and concept of
accounting regulation in Australia (Bazeley and Jackson, 2013). In last, it aids to comprehend the
different kinds of accounting regulation that will improve organizational performance. A
researcher will practice many sources to collect the authentic data about research concern like
online and offline, books, company websites, and academic journals. It will help the researcher to
complete their specified aim and objectives of the research.
Publication details of relevant articles for a literature review
 Schaltegger, S., & Burritt, R. (2017). Contemporary environmental accounting:
2 | P a g e

issues, concepts, and practice. UK: Routledge.
 Bryce, M., Ali, M. J., & 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, 163-181.
 Benson, K., Clarkson, P. M., Smith, T., & Tutticci, I. (2015). A review of
accounting research in the Asia Pacific region. Australian Journal of
Management, 40(1), 36-88.
 Preiato, J., Brown, P., & Tarca, A. (2015). A comparison of between‐country
measures of legal setting and enforcement of accounting standards. Journal of
Business Finance & Accounting, 42(1-2), 1-50.
Data Collection Plan
The data collection method is supportive to gather the authentic data for completing the
research aim and objectives systematically (Geerts, 2011). The data collection method
consider two kinds of methods like primary and secondary data collection method. In
this research study, research scholar will use mixed data collection methods like primary
and secondary data collection method. The primary data collection method will enable
the researcher to obtain reliable information about the impact of accounting regulation
on the organizational performance (Panneerselvam, 2014). Beside this, survey through
questionnaire method will be used researcher to collect the opinion and views of
research participants about the current research matter. It will help the researcher to
obtain feasible data as it supports to enhance the reliability of research outcome. Apart
from this, the researcher will also practice the secondary data collection method for
obtaining the known-numeric information about research concern (Preiato, Brown, and
Tarca, 2015). The research considered many sources of secondary data collection such
as content analysis, academic sources, journals, articles, and online and offline sources.
It will enable to solve the research issue in a significant manner. The research design is
also supportive for the research study because it enables to get information about current
3 | P a g e

research issue. In this research, the mixed data collection method will be used by
researchers such as qualitative and quantitative research design (Panneerselvam, 2014).
The qualitative research design will enable the researcher to obtain theoretical
information about the impact of accounting regulation on the organizational
performance by existing sources. Spart from this, the quantitative data collection method
will aid the researcher to obtain numeric information for completing the specified
research aim and objectives. The mixed research design will aid researcher to eliminate
the disadvantages of both qualitative and quantitive method. It will also help to obtain
reliable data in the context of current research matter (Bazeley and Jackson, 2013).
Ethical Consideration
Ethics supports to perform the research study in an accurate way. The ethical
consideration will enable the researcher to conduct acceptable behavior during research
study (Pickard, 2012). Researchers will practiced university guidelines as it would
facilitate to eliminate the ethical issues from research and obtain a reliable result. The
researcher will also focus on different factors like plagiarism, data manipulation,
copyright act’s violation, and references as it would support to eliminate ethical issues
from the research study. Apart from this, the researcher has used specific language to
interoperate gathered information. It will be imperative to decline the possibilities of
similarity from research study (Salkind, 2010). Ethical norms will be utilized by the
researcher to appropriately conduct the research and get a feasible outcome. Through
ethical norm, the confidential data of researcher participants will be secured by the
researcher as it would be effective to make a reliable relationship with participants and
obtain favorable outcome (Taylor, Bogdan, and DeVault, 2015).
4 | P a g e

Refrences
Anfara Jr, V.A., and Mertz, N.T. eds. (2014). Theoretical frameworks in qualitative research. UK:
Sage Publications.
Bazeley, P. and Jackson, K. eds. (2013). Qualitative data analysis with NVivo. UK: Sage Publications
Limited.
Geerts, G.L. (2011). A design science research methodology and its application to accounting
information systems research.International Journal of Accounting Information Systems,
12(2), pp.142-151.
Panneerselvam, R., (2014). Research methodology. USA: PHI Learning.
Pickard, A. (2012). Research methods in information. UK: Facet Publishing.
Preiato, J., Brown, P., & Tarca, A. (2015). A comparison of between‐country measures of legal
setting and enforcement of accounting standards. Journal of Business Finance &
Accounting, 42(1-2), 1-50.
Salkind, N. J. (2010). Encyclopedia of Research Design. USA: SAGE.
Taylor, S.J., Bogdan, R. and DeVault, M. (2015). Introduction to qualitative research methods: A
guidebook and resource. USA: John Wiley & Sons.
5 | P a g e