Critiquing Current Accounting Research - Essay Example

This clip brings up one powerful message that research is a very powerful tool that we can use to overcome challenges we face in the course of our lives. Question 2: Can you visualize any relationship or link between the film clip and the field of accounting? If so, can you describe this? If not, can you explain why not? The message in this video directly applies to many other fields including accounting. Accounting, often described as ‘language of business' involves analysis and use of financial information to understand and evaluate the financial position of a given firm or organization.

It includes a mess from essential accounting to additional confused administration of accounting reports and salary explanations. An expert bookkeeping capability is not only for individuals who need to be bookkeepers- it will outfit you for an expansive range of auspicious professions in minor and huge business, budgetary administrations, not-for benefit and the legislature segment, all of which need a capacity to comprehend and decipher fiscal informative content for utilization in choice making.

Bookkeepers can work in any part, from key wanting to hazard examination. Wherever there's a need for somebody with keen bookkeeping information and sharp business abilities, a bookkeeper will be sought after. Hence therefore, accounting is a diverse field which also has its own challenges which hinder its prosperity and so as to beat these challenges, research comes in very handy. Research had led to discoveries of solutions to the most pressing problems affecting the accounting sector. For instance, work has been made easier in the accounting sector by the introduction of computers which are almost adopted in every office and rapidly wiping away the phase where things were done manually.

This has increased the speed and the efficiency of carrying out task within a shorter time. The development of computer applications, softwares and programs has aided in working of accountants and replaced cumbersome manual methods which were prone to so many errors and mistakes. I believe that research is the perfect tool that is crucial in the development of accounting as a growing field. Try and describe your feelings towards research Research Research is a way of accelerating understanding (Smith et. al., 2002).

Research is basically any formal related activity carried out systematically so as to increase knowledge and use this knowledge to devise new applications. There are numerous types of examination: logical, humanities, masterful, budgetary, social, business and expert examination. The major steps in conducting research are: Identification of research problem Literature review Specifying the purpose of research Identify hypothesis and research questions that are specific Collection of data Analysis and interpretation of the data Evaluation and reporting of the research The steps are not generally fixed and are not rigid because the process is ever-changing.

Many researchers begin with a general statement of the problem, then purpose for engaging in the study. The literature review is carried out initially to identify gaps in previous research which provide proper justification for the study. The research question may be parallel to the hypothesis. The hypothesis is supposed to be tested through the collection of data. The analyst then examines and deciphers the information utilizing the assortment of statistical systems. Information dissection is