Scholarly vs. Popular Sources People tend to There is a major difference in scholarly and popular sources. The major difference is that scholarly articles are written for other scholars in that particular field of work whereas a popular source is written for a general audience. Scholarly sources have undergone multiple peer-reviews before being published. A popular source is edited by an editor and is not helpful for support in academic research. I chose two articles based off of International Standards in the areas of Financial Reporting and Auditing. The academic article I chose was written in the Northwestern Journal of International Law and Business. The purpose of a scholarly source of an academic journal is prepared for other scholars
In his book Improbable Scholars, David Kirp examines the steps communities take to make successful education reforms. While describing the particular education initiatives of Union City, New Jersey, Kirp suggests that “[if] we want to improve education, we must first have a vision of what good education is,” (2015). Kirp’s descriptions of Union City certainly support that point, but it’s difficult to claim that that point is generalizable if we do not examine other education initiatives and their approach to reform. In examining how visions of “good education” can guide successful education reforms, one can point to Black communities in Mississippi—whose radical vision of “good education” guided the creation of schools, curricula, and community
Various standard setters issue authoritative literature that is included in the Codification, literature not included is considered nonauthoritative. FASB, the Emerging Issues Task Force, the Accounting Principles Board, and the American Institute of CPAs are a few standard setters that create the authoritative literature included in the Codification. The Codification also includes content issued by the Securities and Exchange Commission that are relevant to financial statements.
Academic integrity has been put in place to protect the ideas of which those belong to. A code between students and faculty has been created to support this policy. When developing a research paper there are a certain number of sources required to support or create an argument in regards to the subject of an assignment. These sources can include many types of media such as articles or documents found on the internet, magazines, books, interviews, or video evidence. A student can chose to exhaust any or all the before mentioned sources; however, they must paraphrase or correctly cite the source to keep in place the standard of originality. “The advance in technology has created additional resources wher...
Olusegun Wallace, R. 1996. The Development of Accounting Research in the UK. In: Cooke, T. and Nobes, C. eds. 1997. The Development of Accounting in an International Context. London: Routledge, pp. 218-254.
The reason why my source is scholarly is I retrieved it from the Ashford University Library. I searched using search words “Ancient Egypt” and selected the Scholarly/Peer Reviewed option before submitting the search. To better understand about the author if she is a credible source on the topic I researched her background. Author, Susan Hollis has been engaged for decades in scholarship in the literature and mythology of ancient Egypt. Her professional presentations and publications generally focus on Egyptian religion and narratives, women in the Bible, interrelations between the biblical and the ancient Egyptian worlds, and various aspects of narrative folklore, with a special interest in women’s folk narrative. She began as an associate professor at the college in 1996 and was dean and center coordinator (1996-1999), for its Central New York Center in Syracuse, moving to the Genesee Valley Center in Rochester in 1999 as faculty. In 2007, she was promoted to full professor. Hollis earned her A.B. in religion, at Smith College and her Ph.D. in ancient Near Eastern languages and civilizations from Harvard University. Near
Accounting provides economic and financial information for investors, creditors, external users, and the general public at large. Financial accounting is an aspect of accounting is the associated with the complexity of preparing financial statements: the Income statement, Retained earnings, Balance sheet and statement of cash flow. Financial accounting is the battlefield in the business world today. It is faced with unprofessional accounting practices that delve its principles. According to Valter W.J (1972), generally accepted accounting principles incorporate the consensus at any time as to which economic resources and obligations should be recorded as assets and liabilities, which changes in them should be recorded, when these changes should be recorded, how the recorded assets and liabilities and changes in them should be measured, what information should be disclosed and how it should be disclosed, and which financial statements should be prepared. Recognizing these issues, identifying the principal element, and alternatives is the rock upon which accounting ethical standard lies.
One of the milestones I had never accomplished before but found it a beneficial tool, the annotated bibliography. How I had dreaded week two’s work, just the name of it made me nervous, the thought of summarizing someone else’s entire work was very intimidating. Little did I know that when I began the research process that it would make me look deeper than I ever have at the sources I wanted to use for my research essay. At that point, I had already found a handful of articles and journals that I wanted to use to support my topic. But come to find out what I had found was not scholarly or credible. I had assumed that what I had found in the Shapiro Database was completely reliable, but I was mistaken. I learned quickly how to narrow down my searches so they would produce peer-reviewed material for my research. I also stumbled upon some pleasant surprises during this process, good old hardback books. They were easy to get and were sent quickly through the mail by the Shapiro Library. They ended up becoming some of the best sources for information that I had found. The annotated bibliography made me analyze my sources more than I ever had, and produced fewer results but of much higher quality than I ever dreamed of
I believe the journal article I have chosen is credible because, peer reviewed journals are considered as the basis of academic research and professional knowledge. They present information that is in a clear and concise fashion, as a result leading to a high level of credibility. Also, the care and effort it takes to develop a publishable manuscript means it can be months between the time research is conducted and the results are even submitted for publication (Solomon, 2007). This indicates that time and effort has been put in the journal article to make the information that is being conveying to the audience authentic and that only the highest quality of research is published. The journal article that I have chose...
The conceptual framework identifies the primary users of accounting information as investors, creditors, and those who advise them. It also assumes a “prudent” investor; that is, an investor who takes the time to become reasonably well informed with respect to accounting theory and practice. Discuss this concept with respect to the current economic environment. Are different groups of investors “prudent”? According to the conceptual framework, the potential users of financial statements are investors, creditors, suppliers, employees, customers, governments and agencies, and the general public (Financial Accounting Standards Board, 2006).
Refereed-(McMillan, 2012, p.72) A publication would be considered refereed if it has been vetted by experts on the subject matter to determine the quality of the material being presented. Furthermore, my practice is to use refereed publications to authenticate the integrity of research by referencing trusted resources. An example of refereed material would be located in the libraries of
Science is the body of organized knowledge. Science is the collection of ideas and theories and the methodology used by people to prove them. It is the set of methods that people follow in order to explain the things that they see, the things that they perceive and the things that they believe in.
Swan, A. (2010). The Open Access citation advantage: Studies and results to date: University of Southampton
The evolution of auditing is a complicated history that has always been changing through historical events. Auditing always changed to meet the needs of the business environment of that day. Auditing has been around since the beginning of human civilization, focusing mainly, at first, on finding efraud. As the United States grew, the business world grew, and auditing began to play more important roles. In the late 1800’s and early 1900’s, people began to invest money into large corporations. The Stock Market crash of 1929 and various scandals made auditors realize that their roles in society were very important. Scandals and stock market crashes made auditors aware of deficiencies in auditing, and the auditing community was always quick to fix those deficiencies. The auditors’ job became more difficult as the accounting principles changed, and became easier with the use of internal controls. These controls introduced the need for testing; not an in-depth detailed audit. Auditing jobs would have to change to meet the changing business world. The invention of computers impacted the auditors’ world by making their job at times easier and at times making their job more difficult. Finally, the auditors’ job of certifying and testing companies’ financial statements is the backbone of the business world.
The Financial Accounting Standards Boards (FASB) defined conceptual framework as a consistent of underlying concepts and the ideas that describe the nature and general purpose of financial reporting which may lead to consistent standard in accounting (Deegan 2010). The role of the conceptual framework is to ensure that financial statements in accounting are free from bias and to provide useful information that is useful for user’s decision making. The standard-setting board also formulated a range of perceptions and theories related to accounting to trigger the objectives of financial reporting. The standard-setting board keeps issuing the conceptual framework over time to ensure that the conceptual framework’s objectives are improving to provide useful financial information. The innovative work on conceptual framework was embraced in the United States by the FASB in the early 1970s. The FASB accomplished disappointment in attempting to generate a standard that at the outset might not appear to present, especially testing theoretical issues. Regardless, while attempting to achieve concession on Statement of Financial Accounting Standard, tending to the theoretical issues produced critical matter for the board members. In this manner, throughout the outset the FASB understood the requirement for an obvious conceptual framework. Based on Hines’s argument, the conceptual framework is mean to provide the ability to increase self-regulate of a profession in order to neutralizing government interference from arising. Whether this argument has been accepted or not will be discussed in more detail with supported evidence to clarify the main point about Hines’s argument. Further details about this argument will discuss below.
The success of a company is very dependent upon its financial accounting. In accounting there are numerous Regulatory bodies that govern the accounting world. These companies are extremely important to a company because they set the standards when it comes to the language and decision making of a company. These regulatory bodies can be structured as agencies, associations, commissions, and boards. Without companies like the Security and Exchange Commission (SEC), The Financial Accounting Standards Board (FASB), the Governmental Accounting Standards Board (GASB), Internal Accounting Standards Board (IASB), Internal Revenue Service (IRS), and other regulatory bodies a company could not make well informed decisions. In this paper the author will look at only four of them.