Reference no: EM133467129

Discussion Post: Accounting- Current Topics in Business Administration

Read: Challenges and Trends for the Incorporation of Big Data in the Accounting Profession: From the Traditional Approach to the Future Professional Accountant.

Watch: Current Issues in Accounting.

Provide a 600 to 800-word summary (formatted according to APA guidelines) of the new research in this area from a minimum of five new peer reviewed journal articles and identify questions that need exploring in future research.

Your discussion should be organized in a three-paragraph format:

1. Introductory Paragraph: gives an overview and definition of the topic you chose. At the end of the paragraph it gives an idea of how your forum is organized.

2. Current Trends Paragraph: In this paragraph, you will discuss the themes that you found in the research from the 5 articles related to your topic. This paragraph should be a synthesis of the research and not just a listing of annotated summaries.

3. Future Research Paragraph: In this paragraph, you will discuss areas of future research by referencing the 5 articles that you identified. The future research areas should be based on the findings of the authors of those articles rather than general ideas you may have.

Manage Discussion

The Journal of Accounting identified key areas of research in accounting:

1. The impact of financial reporting and disclosure on stock prices;
2. The economics of auditing, enforcement and audit oversight;
3. The use of accounting information in contracting in debt, labor, supply, and other markets;
4. The role of accounting in compensation and in corporate governance;
5. The role of managerial accounting on internal decision making such as budgeting, costing, and transfer pricing;
6. The real effects of financial reporting and disclosure (e.g. on firm behavior);
7. The economics of regulation of financial reporting and disclosure, including bank regulation;
8. International differences in financial reporting and the role of reporting standards in international capital markets;
9. The political economy of standard-setting;
10. The use of accounting information in public finance and macroeconomic statistics;
11. The impact of tax regulation on transaction structuring;
12. The role of transparency in markets and society;

Choose one of these areas and give a summary of some of the current research themes (last 5 years). Finally, identify questions the researchers have identified as needing further exploration in these areas.