Question

TOPIC: The Accounting Culture

REQUIRED
1. Identify one current issue or challenge in this area
2. Summarise relevant literature on this issue.
3. Formulate a research question which can be investigated in your Pacific country, applying a theory.
4. Collect and analyse data using one or more research methods
5. Formulate key conclusions

Answer 1

1)

HERE ARE THE FOUR BIGGEST ACCOUNTING CHALLENGES FACING BUSINESSES TODAY, PAIRED WITH ACTIONS YOU CAN TAKE TO ENSURE THE SUCCESS OF YOUR BUSINESS IN 2020.

1. TAX CUTS AND JOBS ACT IMPLEMENTATION CONTINUES

2. AUTOMATION AND AI ARE TAKING OVER MORE TRADITIONAL ACCOUNTING DUTIES

3. ACCOUNTANTS NEED TO DIVERSIFY THEIR SKILLS

4. CYBERSECURITY IS BECOMING A BIGGER PRIORITY

1. )FAIR VALUE IS AN IMPORTANT ACCOUNTING CONCEPT THAT IS USED IN DETERMINING THE VALUE OF LIABILITIES AND ASSETS TO BE REPORTED IN THE FINANCIAL STATEMENTS. HEREFORE, THE COMPANY IS AWAITING A GOOD RESPONCE FROM THE MARKET, AND THIS WILL INFLUENCE HOW INTEREST RATES WILL CHANGE. FINALLY, UNDER NOTE F, THE COMPANY INDICATES THAT THE FAIR VALUE OF THE INVESTMENTS IN THE PUBLIC MARKET IS DETERMINED BY THE QUOTED PRICES AS PER THE MARKET ACTIVITY.

3) IDENTIFYING THE VARIABLES THAT AFFECT POSSIBLE SOLUTIONS TO YOUR RESEARCH PROBLEM;

· DECIDING ON THE DEGREE TO WHICH YOU CAN USE AND CONTROL ALL OF THEM FOR STUDY PURPOSES;

· DETERMINING FUNCTIONAL RELATIONSHIPS BETWEEN EXISTING VARIABLES;

· CHOOSE THE MOST CRITICAL VARIABLES FOR A SOLUTION OF YOUR RESEARCH PROBLEM.

4) FIRST, DECIDE HOW YOU WILL COLLECT DATA. YOUR METHODS DEPEND ON WHAT TYPE OF DATA YOU NEED TO ANSWER YOUR RESEARCH QUESTION: QUALITATIVE VS. QUANTITATIVE: WILL YOUR DATA TAKE THE FORM OF WORDS OR NUMBERS? PRIMARY VS. SECONDARY: WILL YOU COLLECT ORIGINAL DATA YOURSELF, OR WILL YOU USE DATA THAT HAS ALREADY BEEN COLLECTED BY SOMEONE ELSE? DESCRIPTIVE VS. EXPERIMENTAL: WILL YOU TAKE MEASUREMENTS OF SOMETHING AS IT IS, OR WILL YOU PERFORM AN EXPERIMENT? SECOND, DECIDE HOW YOU WILL ANALYZE THE DATA. FOR QUANTITATIVE DATA, YOU CAN USE STATISTICAL ANALYSIS METHODS TO TEST RELATIONSHIPS BETWEEN VARIABLES. FOR QUALITATIVE DATA, YOU CAN USE METHODS SUCH AS THEMATIC ANALYSIS TO INTERPRET PATTERNS AND MEANINGS IN THE DATA. 5) IN THIS ARTICLE, WE SHALL TALK ABOUT HOW TO CONCLUDE AN ASSIGNMENT GIVEN BY YOUR TEACHER. MANY STUDENTS UNDERMINE THE IMPORTANCE OF AN EFFECTIVE CONCLUSION TO WRITING. NONETHELESS, WE INSIST THAT A GOOD CONCLUSION CAN MAKE OR BREAK AN ASSIGNMENT. DO NOT SQUANDER YOUR CHANCE OF GETTING THE GRADE YOU HAVE AIMED FOR BY WRITING A LOUSY CONCLUSION. INSTEAD SAVE UP A BIT OF ENERGY AND TIME ON GIVING A SUITABLE FORECLOSURE TO YOUR CONCLUSION. YOUR TEACHERS WILL REWARD YOU FOR THAT AND YOU WILL END UP WITH THE GRADE YOU DESERVE. HERE IS A LIST OF STRATEGIES TO FOLLOW AND AVOID IF YOU WANT WRITE AN EFFECTIVE CONCLUSION	·