Bus707 Applied Business Research For Assessment Answers
Research Background
Difficulties of maintaining integrity, independence and moral responsibility in accounting practices.
Mistakes and misconduct in accounting practice can cause business failure and achieve bad standards.
Deep Penetration of unethical practice of accounting in organizations.
Sometimes complying the ethics seems irrelevant.
Research Problem / Research Question
1. Does the accounting practice get affected by the ethics at all?
2. Do codes of conduct formed of ethics address the issues that surround the ethical practices?
3. What role does ethics education play in professional accounting practices?
4. What influence the deviation from the proper ethical practice in an organization?
Research Aim and Objectives
1. To understand the need of practising ethics in the professional accounting
2. To evaluate and assess different ethical problems in accounting practice and how ethics mitigates this problem.
3. To find out the norms and code of conduct that helps in bringing positive effect on accounting practices.
4. To understand the different ethical dilemmas that become an issue in ethical accounting practices.
5. To recognize the effect of leadership and management on the conduct of codes for practising accounting
Keywords for Literature Review
Ethics: In a wide definition, ethics is a set of principles or moral values.
Accounting practices: Accounting practices mean the set of rules and way of performing accounting.
Code of Ethics: A specific set of rules and moral values defined in order to implement the ethics properly is Code of Ethics.
Ethical Dilemma: In the process of applying the ethics in the work process, there can be several obstacles in doing so. This is known to be Ethical Dilemma.
Professional: A practical and optimal approach to handling a business or a firm for the betterment of the organization is being called professional.
Accountancy: A field of study which deals with the recording, classifying and reporting financial information.
Responsibility: A state of having an obligation towards the work allocated to a person. Integrity: The quality of being honest and following strong moral principles. Confidentiality: A value which stops the leakage of valuable and sensitive information Norms and Morals: A valuable judgements and principles differentiating right from the wrong.
Corporate governance: A set of rules and principles with which a company forms its compliance framework which will allow the proper and legal process of organization.
Data Collection Plan
1. Sampling: A sample size of accountants in public practice, government, trade, vocation and academics will be used. The data collection will be done with the questionnaire.
2. Questionnaires: The structured questions will be used for the data collection. The responses will be mostly on the multiple-choice types. The questionnaire will be broadly grouped into two sections. First will contain questions related to the respondent’s background like their age, sex, experience and type of their organization and so on. Whereas, the second section will include the ethical practices and measures which will help in understanding the respondent’s knowledge of ethical issues and how the way they have been dealing with it in their daily work schedule.
3.Data Analysis: The answers to these questions will be evaluated and interpreted and even calculated to understand the ethics assisting proper accounting practice and the research problems and objectives will be answered by this data.
Ethical Consideration
2. Because of the sensitivity of the information, the respondents need to be promoted and be protected and data needs to be handled confidentially.
3. It is required to focus on defending the respondents who will take part in the research.
4. As the sensitivity of the information, the questionnaire that is answered by the respondents should be allowed to deal with it according to their own capacity as per their own time and as per their own will.
5. The questions, as well as respondents, should be kept anonymous.
6. Also, as per the norms and business confidentiality, a permission needs to be asked from the respondent’s firm and needs to assure them that no confidential information will be issued in this report.
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