Compose a 1500 words essay on AF3S15: Accounting Research. Needs to be plagiarism free!
The author presents his report by analysing the survey results.
The author begins by giving an introduction to the IASB’s creation and its role in the accounting standards world. The research objective is to report results of a questionnaire survey that evaluates the participation and perceptions of a sample of UK investment management firms in the IASB standard setting process over the period 2001 to June 2006 (inclusive).
The author proceeds to draw out the hypotheses on which this study would be argued. There are 5 main hypotheses – timing of lobbying, lobbying methods, decision to participate and perception of the influences of interest groups in the IASB process outcome.
The author then analyses the survey results. Key findings indicate that lobbying by financial statement users is more than that indicated by the number of comment letters. The author presents evidence to suggest that cost of lobbying is one of the top reasons for lack of participation in the IASB process. Also presented is the evidence-backed perception that European and US based standard setters are more influential than the other interest groups in the standard setting process.
In terms of introduction and objective, the author has presented a clear and crisp introduction that well explains the central theme of the study. However, the reason why it is important to evaluate the participation and perceptions of the report users in the IASB process could have been dealt into further. There are a couple of brief references to the importance of report users such as the one given below although articulating in greater depth would have helped drive the message better (The British Accounting Review 42 (2010), p.104).
In terms of the style and flow of the document, the author has done an excellent job of the overall structuring of the document and the manner in which the concepts lead from one to another. However, the representation of data in the article