Question

"Accounting Research and Education" Please respond to the following: Analyze current major accounting research tools. Based...

"Accounting Research and Education" Please respond to the following:

Analyze current major accounting research tools. Based on your analysis, suggest at least two (2) new tools that could improve accounting research. Provide support for your rationale.

Homework Answers

Answer #1

Part 1
Following are the major accounting research tools -

FASB Codification
For accouting reasearch related to pvt sector.
It is comprehensive but not complete.


Commerecial Data base system
A better tool for loading accounting.
Have better search capabilities.
It had been used in other professions and at present it is essential for Accounting also.

SEC Regulations
For rules and regulations of public companies.

Case Studies
A study on different case realted to accounting can be a good reaserch tool.

Part 2

The following two tools (of Commerecial Data base system) are suggested-
Thomson reuters accounting research
It provides comprehensive tax and accounting solutions
Provides editorial insites, productivity tool etc.

Accounting Research Manager
Provides comprehensive accounting and Audit information.
It has innovative search function.
Reduce time in searching.

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