Positive Accounting Research IFRS

Question: Discuss about thePositive Accounting Researchfor IFRS. Answer: Introduction This report consist several cases and deep facts on the particular article of positive research accounting. This article reflects the points which have been faced by companies in implementation of positive research accounting for summarizing, classifying and recording of financial aspects. This article provides range of theories and methodologies which are used to discussed significant consideration about how corporation could develop an effective positive accounting. It is evaluated that ontology and epistemology of positive accounting provides effective assessment of human behavior in the implemented accounting practice. Positive accounting research could be defined as part of scientific research which is used to recognize the cause and effect relations of the humans. This ontology and epistemology of positive accounting is the most evaluated part in this article which provides that if companies use positive research accounting then it would result into best practice for summarizin g, classifying and recording of financial aspects. This article provides all the critical drawbacks and problems faced in positive research accounting by humans due to their different human behavior. In the starting phase of this report overall finding theoretical arguments have been discussed in determined approach. Afterward, research questions have been used to reflect the main concern of humans in positive research accounting. After that, theoretical concepts provide a complete discussion which reveal human behaviors and their cause and effect relation with the accounting practice. In the end of this report conclusion has been drawn which reflects all the suggestions and recommendations about how humans uses positive accounting research with their cause and effect relation and how it could be made better with the given auditors disclaimer (Brown, Preiato, and Tarca, 2014). Summary of Article This article covers all factors which are used to determine the reciprocal behavior of humans in respect to accounting practice. Positive research accounting helps in overcoming all the problems and errors in accounting practice which have been faced by accountant and auditors throughout the time. This research identifies intellectual support system and academics which support to assess human behavior and their reciprocal behavior. This article put emphasis upon operational of self- interest of humans which is used to interact with each other through implied and expressed contract (Klemstine and Maher, 2014). This article provides how humans are facing problems in preparing accounting and auditing frameworks (Waymire, 2014). Positive research accounting article have reflected a view point that it accounting research practice should not be framed on rational judgment but also on personal judgment. This article provides that if humans are put under pressure to complete their accounting and auditing task then they could do that work quickly but there will be more chances of mistakes and errors (Brown, et al. 2014). In addition to this, it is suggested that behavior of free will allows accountant to take their independent decision to make effective use of classifying and recording of financial transactions in organizations Behavior of free will reflects that if one person take actions on the basis of Behavior of free will then it surely contradict with other persons view points and assumptions with the given set of accounting work. Undoubtedly, it is not easy to find comprehensive and casual theory and statements which could be used to reflect the human behavior and applicability of all applicable theories with the implication of human behavior. In addition to this, positive ontology and epistemology may also provide misleading facts and issues which influence human behavior and their cause and effect relation. This type of concern has been shown in this article du e to the existence of anomalies in the positive research accounting. Nonetheless, the main problem in positive research accounting is related with the understanding on particular facts and figures of set accounting rules. All the data used in positive research accounting has been collected thorough qualitative research process which helps in development of preliminary understanding of some phenomenon. Apart from that, researchers could evaluate the disclaimer and other remarks given by auditors to identity the drawbacks of in positive research accounting practice in particular organization. Hypothetical test in this article provides that there are several assumptions and uncertain data which have been used in article to justify the usefulness of in positive research accounting practice (Ahmed, Neel and Wang, 2013). By summarizing all the facts of this article it is evaluated that article contains a good understanding on human behavior and cause and effect relation in accounting practice of accountant and auditors. Therefore, some of the hypothetical test has been implemented in this article which helps understanding human behavior and their reciprocal behavior (Everett, Neu, Rahaman and Maharaj, 2015). Research Questions This article contains several facts and issues which are used to answers the following questions given as below. Which are the likely problems faced by accountant in positive accounting practice? What are successful factors in positive accounting practice? How positive accounting practice is different from intellectual program? How ontology and epistemology in current accounting practice is going to help researcher to make effective understanding on set accounting practice? Theoretical Frameworks This research has been prepared by considering various frameworks such as hypothetical test, decision making process of human and other qualitative frameworks. This research contains several theoretical frameworks and research program to evaluate the human behavior and their cause and effect relation in relation with positive accounting research practice. This research framework provides a standard set of program which could be used by accountant and auditors in their accounting and auditing practice (Engle and Hunton, 2015). As per the views of Fang, et al, 2014 it is reflected that this theoretical framework provide various interest test and behavioral concepts which are used in positive accounting research practice. It provides that organizations have been facing problems in human behavior and reciprocal behavior in accounting practice accompanied with several errors which could result into misleading accounting decisions of accountants. There are numerous documents either in Americana or international which reveals the models and frameworks which could be used to resolve issues such as errors and mistakes in positive accounting practice. There are several factors which could be used by auditors in its theoretical model which could be sued by accountant in following positive accounting research practice. In addition to this, these theoretical models assist auditors to develop a clear understanding with its auditing functioning. These developed theoretical frameworks provide how auditors could use basic concepts and models to understand the financial data of organization. The main emphasis in this article has been made on qualitative research frameworks which provide clear data regarding human reciprocal behavior. This Darwins theory of evaluation used in this article provides that there are merely two purpose of to deploy qualitative measurement in positive research. The first purpose of this Darwins theory of evaluation is related with how users gather data from the general public for framing positive accounting research practice policies and rule. This provides assistant to auditors to evaluate accountant behavior i n preparing accounting information. (Dyckman and Zeff, 2014). This information later on used by auditors to identify and mitigate the possible errors and mistake in accounting practice developed by accountant (Li, 2015). However, it becomes hard to evaluate how realistic model of process could be constructed or other variable could be gauged in selected qualitative approach. It is observed that if auditors use realistic model approach then it would result into basic level of errors (Type-1 errors). There are following theoretical concepts and frameworks have been used to gauge the human behavior and their cause and effect relations with the positive accounting practice (Deegan, 2017). In addition to this, null hypothesis used in this article provides the basis to determine possible factors which influence of human behavior in positive accounting research accounting frameworks. Test statistic under the null hypothesis is based on the auxiliary assumptions. In the end, it could be sai d that these several theoretical frameworks and research program have been used to evaluate human behavior and their cause and effect relation in relation with positive accounting research practice (Slater, et al. 2014). Significant of Positive Accounting Research Positive research accounting provides a systematic framework which should be used by accountant and auditors in preparing and checking of financial statement of organizations. This research put emphasis upon the understanding of human behavior and cause and effect relation in accounting practice. This research identifies intellectual support system and academics which support to assess human behavior and their reciprocal behavior. It is evaluated that quantitative approach has assisted in gathering all the accounting data from the accountant to determine their reciprocal behavior with positive research accounting frameworks. In this research, researcher analyzed human behavior and their cause of actions with the particular set formats. Hypothetical test implemented in this positive research accounting helps accountant and auditors to identify errors and mistakes in accounting details of company. The main purpose of this positive research accounting may not really be to plus to our kn owledge of human behavior in accounting- related contexts but to provide readymade answers to accountant which could be solved with high manner (Guan, 2014). Limitation of Positive Accounting Research The main limitation of research and data collection in article is completely based on the primary and secondary data collection from various sources. All the research shown covers all the required data shown in the article given and other article which has helped to make adamantine study prepared on positive research accounting. Apart from that, in this article set format and accounting assumptions have been used which is not enough to identify shortcoming and drawbacks (Smith, 2014). On the other hand the research prepared on ontology and epistemology does not cover complete details to reflect required amount of information on the positive research accounting. Researchers have also used hypothetical test in this positive research accounting which also provides data and accounting frameworks based on assumptions and standards. There are several other limitations which have been noticed such as gathered data may not be appropriate, interpretation of information by different people and using of different models and frameworks. Therefore. It could be evaluated that there are several pros and cons of this article which must be taken into consideration in this research article (Bertomeu, Darrough and Xue, 2017). Conclusion This article provides deep understanding on ontology and epistemology of positive accounting which reflects that if companies use positive research accounting then it would result into best practice for summarizing, classifying and recording of financial aspects. This report gauged to provide effectiveness and limitation of positive accounting practice which determine cause and effects relation. This positive research accounting provides standard formats which have been used by accountant to record financial transaction in the books of accounts. This Standard set of format assist auditors to evaluate all the errors and mistakes in Positive research accounting practice. In addition to this, several theories and developed Positive research accounting models used in this article to put emphasis upon cause and effect relations of humans with their accounting practice. There are various models and assumptions have been followed in positive research accounting which assists in establishmen t of harmonization in reporting frameworks of organizations around the globe. Now in the end it would be concluded that, Test statistic under the null hypothesis is based on the auxiliary assumptions which is the main limitation of this article. positive research accounting emphasis upon the working behavior of accountant and auditors. 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