A research paper on an academic accounting topic is required for this class. The paper is to be 7-10 pages not including abstract, cover page, or bibliography.The topic should address some topic related to the financial reporting environment (which can include auditing, taxation, information technology, corporate governance). Students should keep the following in mind regarding this paper:1. It can be viewed as a literature review on a topic.2. You don’t have to actually create original research (i.e. collect data) , you will be summarizing work that others have done.3. Imagine that you work for Deloitte in the national office and the firm leadership asks you to summarize what the accounting research says about a particular topic. The content of the paper would be akin to how you might fulfill that request. 4. The paper is not meant to be a history lesson on a particular topic. For example, you would not explain the evolution on the standards for revenue recognition. It is historical in the sense that your are summarizing the body of research on a topic. Just as an example, a topic might be: Do non-audit service compromise the independence of the auditor. I would consider this part of the financial reporting environment since an auditor who is compromised would possibly not enforce GAAP well and this would in turn lead to more restatements. There have been many papers written on this with differing conclusions. It is relevant because the UK has just passed a rule that disallows non audit service by audit firms. Students must identify a topic. The discussion thread can be used to get feedback for the topic from the professor. As a start, the student should look at recent (last 5-7 years) of research in the following journals. Other journals can be identified once a topic has been narrowed. 1. The Accounting Review2. Accounting Horizons3. Journal of Accounting Research4. The Journal of Accounting and Economics.These four journals are a starting point. Just as an example, a topic might be: Do non-audit service compromise the independence of the auditor. I would consider this part of the financial reporting environment since an auditor who is compromised would possibly not enforce GAAP well and this would in turn lead to more restatements. There have been many papers written on this with differing conclusions. It is relevant because the UK has just passed a rule that disallows non audit service by audit firms. I hesitate to assign a topic because this assignment would be more difficult if its something you are not personally interested in. Try to find a topic that aligns with your personal interests. Once a preliminary topic has been identified, the journal’s bibliography, plus library and google scholar searches can be used to find further information on the topic. Students should include 8 A research paper on an academic accounting topic is required for this class. The paper is to be 7-10 pages not including abstract, cover page, or bibliography.The topic should address some topic related to the financial reporting environment (which can include auditing, taxation, information technology, corporate governance). Students should keep the following in mind regarding this paper:1. It can be viewed as a literature review on a topic.2. You don’t have to actually create original research (i.e. collect data) , you will be summarizing work that others have done.3. Imagine that you work for Deloitte in the national office and the firm leadership asks you to summarize what the accounting research says about a particular topic. The content of the paper would be akin to how you might fulfill that request. 4. The paper is not meant to be a history lesson on a particular topic. For example, you would not explain the evolution on the standards for revenue recognition. It is historical in the sense that your are summarizing the body of research on a topic. Just as an example, a topic might be: Do non-audit service compromise the independence of the auditor. I would consider this part of the financial reporting environment since an auditor who is compromised would possibly not enforce GAAP well and this would in turn lead to more restatements. There have been many papers written on this with differing conclusions. It is relevant because the UK has just passed a rule that disallows non audit service by audit firms. Students must identify a topic. The discussion thread can be used to get feedback for the topic from the professor. As a start, the student should look at recent (last 5-7 years) of research in the following journals. Other journals can be identified once a topic has been narrowed. 1. The Accounting Review2. Accounting Horizons3. Journal of Accounting Research4. The Journal of Accounting and Economics.These four journals are a starting point. Just as an example, a topic might be: Do non-audit service compromise the independence of the auditor. I would consider this part of the financial reporting environment since an auditor who is compromised would possibly not enforce GAAP well and this would in turn lead to more restatements. There have been many papers written on this with differing conclusions. It is relevant because the UK has just passed a rule that disallows non audit service by audit firms. I hesitate to assign a topic because this assignment would be more difficult if its something you are not personally interested in. Try to find a topic that aligns with your personal interests. Once a preliminary topic has been identified, the journal’s bibliography, plus library and google scholar searches can be used to find further information on the topic. Students should include 8 scholarly journals for the paper. CPA Journal, Journal of Accountancy and newspaper articles are not considered scholarly research. The body of accounting research is enormous – over 100,000 papers. So, narrowing a topic sufficiently helps. The right topic with the right research papers will make it so the paper almost writes itself. Thus, this is the reason I want the interaction in the discussion thread and again you can call me if you wish. Some research is difficult to read which I will steer you away from. I don’t expect you to understand a lot about the methodology (unless you have a Ph.D. or a statistics background). Most research papers that you have will select will begin with a description of the problem (intro), background, literature and hypothesis development. Then the paper will get into the data method used to test the hypothesis. The paper needs to clearly identify the thesis of the research. To support this notion, the student should have a sentence somewhere in the first paragraph that states .”The purpose of this paper is to... “ The paper should have an Introduction, literature review to support the purpose and a conclusion. (The paper can include other elements but this is a minimum that would be needed.) One mistake you wish to avoid is having a topic that is so broad, you can’t address it in the paper. For example, there have been thousands of papers on earnings quality so studying a particular facet of earnings management will make the paper better. As the reader of your paper who knows a little about earnings management, I would be judging whether your paper sufficiently addresses your stated thesis. scholarly journals for the paper. CPA Journal, Journal of Accountancy and newspaper articles are not considered scholarly research. The body of accounting research is enormous – over 100,000 papers. So, narrowing a topic sufficiently helps. The right topic with the right research papers will make it so the paper almost writes itself. Thus, this is the reason I want the interaction in the discussion thread and again you can call me if you wish. Some research is difficult to read which I will steer you away from. I don’t expect you to understand a lot about the methodology (unless you have a Ph.D. or a statistics background). Most research papers that you have will select will begin with a description of the problem (intro), background, literature and hypothesis development. Then the paper will get into the data method used to test the hypothesis. The paper needs to clearly identify the thesis of the research. To support this notion, the student should have a sentence somewhere in the first paragraph that states .”The purpose of this paper is to... “ The paper should have an Introduction, literature review to support the purpose and a conclusion. (The paper can include other elements but this is a minimum that would be needed.) One mistake you wish to avoid is having a topic that is so broad, you can’t address it in the paper. For example, there have been thousands of papers on earnings quality so studying a particular facet of earnings management will make the paper better. As the reader of your paper who knows a little about earnings management, I would be judging whether your paper sufficiently addresses your stated thesis.