Challenges of Global Accounting-Free-Samples-Myassignmenthlep.com

Question: Discuss about the Challenges of Global Accounting. Answer: Introduction The world of business is facing a critical problem, which is affecting the works of various accounting professional across the globe. The global organization has different set of infrastructures in different of their business places. This is because of such reason accounting professionals have to work under the different kind of circumstances in different organizations. The problem is becoming more prevalent with the advent of globalization as accounting professionals are getting chances to work at different accounting platforms. This is where they feel the difference in the working nature and the infrastructure (Burns and Needles 2014). The main purpose of this assignment is to write a reflective journal on the lessons learnt from the two provided assignments such as Assignment 1 and Assignment 2. Assignment 1 is literature coverage on the subject matter whereas the assignment 2 is a research proposal on the subject topic. Usefulness of the learning process- The usefulness of the learnings that the two assignments provide is as follows: Course- The learning from both the assignments would be of high importance for me in my future course. Both the assignments have made me acquainted with the global problem of accounting, which the accounting professionals are facing (Collis and Hussey 2013). For a Business Administration student, it is important that I am familiar with the practical world. Moreover, this would further help me understand my course better as I have now some practical ideas of the subject topic as well. Program- Issues such as unfamiliarity with different accounting terms at the different firms is a constraint for the accounting students. This is because different firms use different software platform for their required task. In addition to this, different firms have different taxation rules as well (Gordon et al. 2013). Familiarity with some of the global issues would definitely help me at the global platform. Nevertheless, practical exposure along with the theoretical background is of utmost urgent for a successful career. Career- The learning of both the assignments is of high use for my career prospect. This is because I had the chance to interact with most practical terms of the global accounting. Moreover, the global accounting challenges and the acquaintance with those is a good find for my career (Okafor 2012). The educational content at the university along with the findings of the two assignments would definitely help me groom my career better. Life- A better career always provides a life, which is full of happiness and joys. The gained learning of the assignments would definitely help me attain a better life, which would have hampered if I have not gone through the literature and the research proposal. Process to acquire the information- The literature content is derivable from every trusted secondary resource such as books, journals, website articles and newspaper articles. The research proposal has used both the sources such as primary and secondary. As mentioned secondary resources are all the trusted books, journals, newspaper articles and websites. Primary resources comprises of a structured interview and an online survey (Bryman and Bell 2015). Learning from the assignments- Both the assignments have covered the global problem, which the global companies and the accounting professional are facing. The first assignment is literature coverage on the subject topic, which defines the global problem of accounting at the different working places. This is because of various software that is used across different working places (Hopper 2012). The second assignment is a research proposal that also covers the subject topic with the help of a research proposal submitted to the tutor. Both the assignments are highly informative, which has made me learn many new things. These two assignments have brought practicality in my knowledge. Moreover, these assignments have made me equipped with the practical coverage on the global accounting issues, which would further help me in my future course. Evaluation of the attached assignments- The provided assignments and the lessons learnt from it are of high importance for me. The given assignments are different in nature but cover the same topic. The first assignment is a literature review on the subject topic whereas the second assignment is a research proposal on the same topic as well. However, they differ in their approaches, as the literature review is more about the trusted secondary resources whereas the research proposal is a composite of both the primary and the secondary resources (Zikmund et al. 2013). The provided assignments are very educative, which has befitted me a lot in understanding the subject topic. The subject topic has indicated towards a globalized problem of accounting. Different software is used at the different workplace across the globe. This makes things tough for the accounting professionals to integrate with the job nature of the different working places. The different taxation rules at the different working places are another constraint o n the accounting professionals (Albu at al. 2015). Reason behind the research The reason behind the research is the broadness of the topic, which is spread across the globe. I am pursuing postgraduate course on Business Administration, which is why I picked up this topic. I just thought that this would be highly educative and knowledge imparting to me as well. Moreover, this would help me groom as a businessperson in my future ahead. Gained knowledge and its applicability- The gained knowledge is of high use in my life, as I would apply this knowledge in my course ahead. This would help me in my professional career as well. The amount of problem, which I came to know from the assignments, has widened my grab on the practical field. Moreover, I am now well versed with such knowledge, which is helpful for me in both the academic courses and the professional career. Conclusion The global accounting issue has affected various accounting professionals. The use of different software at the different organization is a concern. This is causing difficulties in integrating with the nature of work, which is different at different places. The literature review helped to understand that how to conduct an appropriate secondary research. The research proposal in addition to this has also taught on how to conduct a primary research. The chosen topic and both the assignments have high importance for my future courses and the career as well References Albu, N., Albu, C.N., Bunea, S. and Girbina, M.M., 2015. Accounting academia in emerging economies: Evolutions and challenges.International Journal of Accounting Information Management,23(2), pp.128-151. Bryman, A. and Bell, E., 2015.Business research methods. Oxford University Press, USA. Burns, J.O. and Needles, B.E. eds., 2014.Accounting education for the 21st century: the global challenges. Elsevier. Collis, J. and Hussey, R., 2013.Business research: A practical guide for undergraduate and postgraduate students. Palgrave macmillan. Gordon, E.A., Greiner, A., Kohlbeck, M.J., Lin, S. and Skaife, H., 2013. Challenges and opportunities in cross-country accounting research.Accounting Horizons,27(1), pp.141-154. Hopper, T., 2012.Handbook of accounting and development. Edward Elgar Publishing. Okafor, R.G., 2012. Accounting education in Nigerian universities: challenges and prospects.Journal of Economics and Sustainable Development, 3 (14), 205,212. Zikmund, W.G., Babin, B.J., Carr, J.C. and Griffin, M., 2013.Business research methods. Cengage Learning.