Essays on Accounting Research

Introduction

Sierra Ltd. is an automotive parts’ manufacturer situated in Eastbourne, England. The company manufacturers several distinct products and follows the traditional cost management system. It uses machine hours as the basis of allocation of overheads to its product costs. This report provides an assessment of Sierra’s finance director’s proposal to adopt the Activity Based Costing system for allocating overhead costs more appropriately and to increase sales margins. The most important issues faced by Sierra Ltd. are the declining revenue and profits since the last five years, low projected net profits for 2016 and high product costs. Sierra ...

Annotated Bibliography

Annotated Bibliography

Berg, B. L., & Lune, H. (2013). Qualitative Research Methods for the Social Sciences: Pearson New International Edition (8 ed.). New Yolk: Pearson Education Limited.

Journals

Ettredge, M., Huang, Y., & Zhang, W. (2012). Earnings restatements and differential timeliness of accounting conservatism. Journal of Accounting and Economics, 53(1), 489-502. The paper extensively tackles the issue of firms overstating earnings. The paper is targeted to individuals with extensively background in accounting. Additionally, the authors are qualified to deliver on the paper. It reinforces the research question. The study suggests a captured variation in conservatism. The findings depicts that an increase ...

Assignment 3-2: Strategy Formulation

Franklin University BSAD 495: Business Strategy Capstone Strategy Formulation Strategy formulation develops into a key construct within an organization as it facilitates the development of strategies geared towards promoting organizational growth as stipulated within the organization’s vision and mission statements (David et al., 2004). Strategy formulation develops from the existence of need within the businesses, which hinders potential development and growth. The strategy formulation process is initiated upon the identification of the problem and consequent development of several measures geared towards countering the existent problem. The study will integrate an analysis of several potential strategies, which may facilitate ...

Selected Scenario:

You are a newly hired junior account specialist in a highly respected public relations agency. Research Question: How will a new accounting system affect the reputation, organization, and operations of a public relations company? Single Source Louis , H., Sun, A. X., & Urcan, O. (2012). The value of cash holdings and accounting conservatism. Contemporary Accounting Research, 29(4), 1250-1271. The three authors have an extensive background in accounting. For one, they have a PhD in the same. Additionally, they have extensive experience in teaching accounting with each individual holding a position in their respective schools. Thus, the authors are qualified ...

1.0 Abstract Stakeholders are of central importance to every business organization. The success of any business hinges on the relationship that it has with its stakeholders. Disclosure of quality financial reports is significant for the capacity of business organizations to build confidence with their key stakeholders. Corporate governance and the audit quality have attracted the interest of researchers to determine how they impact stakeholders. Additionally, the implementation of IFRS (International Financial Reporting Standards) has impacted the direction of business organizations especially with regards to corporate governance. The question of whether the quality and extent of disclosure of financial information ...

SYSTEMS DEVELOPMENT LIFECYCLE

Adler, P. S. (2012). Perspective—the sociological ambivalence of bureaucracy: from Weber via Gouldner to Marx. Organization Science, 23(1), 244-266. This authors presented a different view of the functional/bureaucratic organization. The author argues that reports suggesting that the bureaucratic form of organizational structures are dead are mere exaggerations. The author content that there is a need to continue debating about the effects and functions of the functional organization. The author disagrees with the long-held view of the functional organization as inspired by Max Weber, which views bureaucratic organizations as inefficient. While using evidence from research, the author challenged ...

Abstract

A balanced scorecard refers to the management system and strategic planning tool used broadly in industry, government and nonprofit organizations across the globe. Its application seeks to better align operations to the specific strategy and vision of an organization, to improve both external and internal communications and to monitor an organization’s performance alongside those strategic objectives. The scorecard was first was introduced back in the early 1990s by Norton and Kaplan of Harvard School. More than half of the key companies in the US, Asia and Europe currently employ the scorecard approach, with its use on the rise ...

Abstract

The quality of financial reporting by various companies affects the economy of the country in more ways than one. Apart from the economy of the country, the quality of audit and financial reporting affects the operation of the company as well. Effective disclosure and transparent finical reporting provide a necessary condition to maintain and assure the confidence of the stakeholders. This study seeks to investigate the relationship that exists between the type of corporate governance and the quality of audit among listed companies in Australia's Petroleum and Mining industry. It presents a review of previous and existing literature concerning ...

Should operational leases be involved in the accounting statements or should they be excluded; case study of an airline industry.

Introduction to research topic and main research question Significant restructuring of airline industries (such as Air China and Emirates) has brought along desirable increase in acquisition of aircrafts and other assets through leasing. The challenge at hand is whether the lease ought to be treated as an operating lease, a finance lease or should be excluded in the accounting all together. Throughout the airline industry internationally, the airlines comprehensively use operating leases for engines, aircraft, fly facilities and airport facilities. Operating leases is a form of off-balance sheet financing because traditionally the accounting standards did not require entities to ...

Abstract

A balanced scorecard refers to the management system and strategic planning tool used broadly in industry and business, government, as well as nonprofit organizations across the globe. Its application seeks to align operations to strategy and vision of an organization, improve external and internal communications, as well as monitor an organization’s performance alongside the strategic objectives. The scorecard was first was introduced back in early 1990s by Norton and Kaplan of Harvard School. Currently, over, half of the key companies in US, Asia and Europe apply the scorecard approach, with its use increasing in those regions and in ...

Introduction

The 1950’s were a remarkable period in the business world. The world at large was on a recovery path after two devastating world wars which had changed the focus of business towards the provision of military goods than on providing quality value to customers. Production was mainly concentrated on few organizations and was characterized mainly by bureaucratic methods of organizational management. It was during this period that there was increased pressure to develop internal methods of cost evaluation that would aid in the decision making process of managers. It was necessary to have in place relevant accounting information that was ...