BUS707: Applied Business Research Report Writing - The Research Process - Management Assignment Help

Assignment Task:

Task:

I. Descriptive summary of the proposed research topic.

This literature review is synthesized to present valuable insights gained from the studies, as well as to outline knowledge gaps and directions for the research. The review studies about the relation of accounting and corporate governance, and finds that the corporate governance has considerable effects on firm financial reporting, socially responsible behaviour.

II. Research questions and research objectives

Research objectives:

Corporate governance has been become a crucial foundation for success and development of organizations. It takes many elements to comprise an effective governance for each individual company, as every company needs to build its own corporate governance to ensure it is practical and brings the best result. One of the important elements of good corporate governance is accounting and auditing, so this research will learn about their important roles as well as their responsibilities to the corporate governance.

Research questions:

Why is corporate governance being so important?

How can business implement good corporate governance?

How can accounting and auditing help to build good corporate governance?

What are the responsibilities and contributions of accounting and auditing to the good corporate finance?

Suggestions from the accounting and auditing’s aspects.

III. Discussion of major theories, models or streams of influence around this topic. 1000

1. Accountants can support sustainable corporate governance.

World leaders, scientists, businesspeople and the new European Commission agree on sustainability should be a core factor in every major decision (Boutellis-Taft, 2019). It is acknowledged that once the surroundings are exhausted, business, investors, politicians and certainly accountants will have no ground. Hence, corporate governance is a crucial part, helping organizations behave sustainably. Having said that, professional accountants play an instrumental role at all stages of corporate governance: communicate accurate information for decision making, evaluate and advise on investment scenarios, design organizations’ internal control, assessing performance as well as reporting and providing assurance (Boutellis- Taft, 2019).

Accountants have key roles in effective corporate governance as a Chief Financial Officers, or roles in accounting, reporting and internal control, thus accountants have the right skill set to help corporations to improve their corporate governance.

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