Question

Discuss the value of and differences between Academic (peer-reviewed, discipline-based journals) and Professional (accounting standards, professional...

Discuss the value of and differences between Academic (peer-reviewed, discipline-based journals) and Professional (accounting standards, professional organizations, websites, etc.) research.

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Academic: Peer reviewed, discipline based journals values are:

These type of reviews are performed by experts in the same field as the process of subjecting an author's scholarly work and ideas to scrutiny before getting published in discipline based journal, conference proceedings or as a book.

The values of professionals accounting standard and professional organizations are they guide the financial framework of a enterprise so as to build investors confidence in the markets and enterprise. They also mandate disciplinary actions against them for the welfare of the society as whole. They protect the investors from fraudulent practices.

The difference between them is their structure and scope of work. The guidelines of professionals are mandatory and act like Bible for the enterprise whereas Peer review is auxillary not mandatory for some of them.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Locate 2 peer-reviewed articles from academic journals related to motivation concepts and applications in organizations and...
Locate 2 peer-reviewed articles from academic journals related to motivation concepts and applications in organizations and summarize and discuss. Be sure to include reference citations for support.
You are required to conduct research (i. e. reviewing relevant accounting standards and policies as well...
You are required to conduct research (i. e. reviewing relevant accounting standards and policies as well as academic and professional journals), and discuss regulatory requirements and various factors that accountants should consider when setting up accounting policy relating to inventory for the entities they work for?
(1) Discuss the differences in approaches taken by the International Accounting Standards Committee (IASC) and the...
(1) Discuss the differences in approaches taken by the International Accounting Standards Committee (IASC) and the Financial Accounting Standards Board (FASB) in setting accounting standards. (2) Research the advantages and disadvantages of the United States adopting international accounting standards in place of generally accepted accounting principles. Post your recommendation and support for your decision. provide the answer with references:
Discuss the differences between financial and managerial accounting. What types of financial statements are used by...
Discuss the differences between financial and managerial accounting. What types of financial statements are used by business organizations?
Task In your accounting career you will be required to analyse current accounting issues and communicate...
Task In your accounting career you will be required to analyse current accounting issues and communicate your theoretical understanding to your professional colleagues and your clients. For this assignment assume that you are the senior accountant working for a major firm. Question 1 - 9 marks (1,500 words) The CEO has forwarded to you an interesting article and requires you to provide her with a deeper theoretical understanding of the issues discussed so that she can fully engage in the...
CRITICAL THINKING QUESTION Please read the case study below on the differences between equity and liabilities....
CRITICAL THINKING QUESTION Please read the case study below on the differences between equity and liabilities. Decide whether the Class A common (ie. ordinary) shares may be disclosed as part of shareholders’ equity. Explain the application of relevant passages from AASB 132 and the Conceptual Framework to the Class A Common Shares, making specific connections between wording in in the standards and framework with the features of the shares. Using the AREA framework, do you agree or disagree with the...
Please read the article and answear about questions. Determining the Value of the Business After you...
Please read the article and answear about questions. Determining the Value of the Business After you have completed a thorough and exacting investigation, you need to analyze all the infor- mation you have gathered. This is the time to consult with your business, financial, and legal advis- ers to arrive at an estimate of the value of the business. Outside advisers are impartial and are more likely to see the bad things about the business than are you. You should...
Scenario Pigs R Us is a second generation, family-owned Richmond-based company with about 400 employees. It...
Scenario Pigs R Us is a second generation, family-owned Richmond-based company with about 400 employees. It slaughters, manufactures, and sells pork food products.  Pigs R Us (PRU) is a low-tech, hands-on, “bricks and mortar” type of company with solid brand recognition, an impeccable reputation for high quality and ethical standards. The processes used in manufacturing are with the highest ISO20002 standards, and the plant is maintained immaculately. The personnel are comprised of an older work force (average employee age is late...
Discuss ethical issues that can be identified in this case and the mode of managing ethics...
Discuss ethical issues that can be identified in this case and the mode of managing ethics Enron finds itself in this case. How would you describe the ethical culture and levels of trust at Enron? Provide reasons for your assessment. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among...
Discuss how the respective organizations’ relations with stakeholders could have potentially been affected by the events...
Discuss how the respective organizations’ relations with stakeholders could have potentially been affected by the events that took place at Enron and how the situation could have been dealt with differently to prevent further damage? THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among the top Fortune 500 companies,...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT