Article Analysis on Positive Research Free-Samples -Myassingment

Question: Write a Report on the Positive Research's Credibility and Reliability towards Accounting Practices. Answer: Introduction This study aims to provide a brief information and comprehension on the positive researchs credibility and reliability towards accounting practices by positive research article analysis (Dunmore, 2009). The research provides proficient background in the positive accounting research to renovate it in a scientific enhanced and evident theory to signify the financial accounting. Moreover, the article is used to illustrate a concise critique on the positive accounting theory (Abedini and Bazrafshan, 2016). It presents all the flows and significance of positive research in the field of financial accounting system. The theory has been used by various firms from a long time, but its effectiveness and benefits are always considered as a matter of criticism. In the recent years, many researchers examined and investigated effectiveness pertaining to positive accounting theory in the accounting system. Some researchers were agreed with its advantages as a scientific and practical practice that entails social system in the accounting policies, whereas some were not in the favour of its use due to illogical hypothesis and descriptive nature of the theory (Isa, 2014). This study describes the critical assessment of positive research theory through the article named Half a Defence of Positive Theory. In this study, the article will be explored by summarising the research article, forming research question and presenting theoretical framework used in the article. Moreover, the limitations and significance of the article has also been abridged in this context. Summary of the Research Article The positive researches are focused on the human being and behavioural characteristic which influences accounting system of an organisation (Sennetti and Litt, 2013). Similarly, the positive accounting theory is the accounting practice based on the practical and scientific aspect to explain and predict the influence of natural science in the financial accounting. It is one of the most significant and widely used theories around the world in recent times. It has been the most critically examined theory lately by researchers and attracted more criticism than favour (Sennetti and Litt, 2013). The theory is based on the empirical accounting and considers social system as a part of theoretical framework in its theory. The article by Dunmore has elucidated the essential research in the field of financial accounting to provide comprehension and cogent findings regarding positive research significance (Slaheddine, 2014). The article shows the standard relationship between the social system or human behaviour and financial accounting. The article has also presented a brief testing of positive accounting theory facilitated by the poppers falsification criterion to testify its validity as a scientific approach. The author has also detailed about the wider scope of positive research in the accounting practices, but it requires more practical and quantitative approach to achieve a successful implementation of positive accounting theory. The article is basically clear critics of positive accounting theory by drawing a fair literature review on the topic and recommending the enhanced version of theoretical model to fill the backdrop. The examination of the article exposed many drawbacks of positive research theory such as the idea of natural science and theory base is single minded way of the creator of the theory (Slaheddine, 2014). The empirical evidences shown in the positive accounting theory are not strong enough to provide a valid and convincing conclusion. The methodology and theoretical framework of the positive research is not librated by the judgement of numerical value. The problems of financial accounting theory are not being covered by the empirical testing of positive research which makes the results uncertain and invalid (Fieldsa, Lysb and Vincent, 2001). The positive theory does not provide a universal result thus; its application also abides many weaknesses. In the view of article author behavioural economics and natural science cannot be predicted in a quantitative way. As a result, the article emphasised on the negative aspect of the positive accounting theory as a scientific objective in accounting practices. The article also explained the market assumptions as limitations of positive research in making effective market hypothesis as well as forming enough instructions in the theoretical model of the theory. In addition to this, despite being a well organised proven practical theory, it is biased with the natural science and only limited to its explanation (Fieldsa, Lysb and Vincent, 2001). The article also draws an attention on the part wh ere the theory has not effectively capable to nurture a ground for management on why to use it as accounting practice. Research Question The research question of this study is based on the articles main idea that is What are the limitations and advantages of positive accounting research in the mould of natural science in financial accounting theory? This study has also emphasised on three more question to encompass all the proclamation made by the article writer as follows: How much the theoretical framework of the positive accounting theory is effective in constructing a practical and affirmative approach in accounting standards? What are the major drawbacks of positive research affects the accounting practices? What are the suggestions regarding improvement in the theoretical framework to attain its scientific implications? Therefore, these research questions are aimed to explore every possible aspect of the article and positive accounting theory (Dunmore, 2009). In the process of establishment of these questions literature review of the article has been used precisely. Theoretical Framework The positive accounting theory is emphasised on incorporation of social system in the accounting standards and practices, while according to the critics natural science does not hold enough numerical values and scientific tools to find its universal validity. The overall pattern followed in the article is very efficient in making the ending convincing according to the authors belief and facts. The article has built a comprehension in procurement of the credible conclusion with support of literature review and critics of other researchers (Kabir, 2008). Simultaneously, the article has also provided the improved version of theoretical framework to make it scientific incorporated with quantitative data. The author made some salient point as a scientific research project which entails that the world, human behaviour and social system are independent and can be variably influenced with anything, thus exercising it to another independent practice that is financial accounting is purely a mistake. Furthermore, the empirical hypothesis is also matter of contradiction in the mentioned findings. Thus, to examine the efficient market hypothesis a conceptual framework based on the practical approach and numerical data is very necessary (Kabir, 2008). Poppers criterion for falsification and hypothesis testing is a very successful way to investigate and suggest recommendation for a theory and its acceptance in accounting practices. It facilitates development of the creative concept, then formation of theory and collection of sufficient proofs to make it a valid practice in accounting. The data can be assembled in the numerical as well as descriptive form. After that, find the different results in the prediction between old and new theories situations. Now, try the new theory prediction by testing it with new facts, compare both and justify the approved one (Schiehl, et al. 2007). This theory is to improve the previous empirical hypothesis and advancing it with new one. The steps will be repeated by every new and old theory until we get expedient and suitable answer. However, the author has directed the article to prove a relationship between positive research and qualitative data in the normal science only (Gaffikin, 2007). The article has presented the logics and drawbacks of statistical hypothesis testing along with the effectiveness of hypothesis testing in positive research programme. In order to provide some cogent suggestion the author has used vulnerable model as a successful theoretical framework for positive accounting theory which have also been tested severely (Gaffikin, 2007). The author has also provided analytical modelling with distinctive specialities which can advance its experimental practices in theoretical framework. It has also explained that measurement of the theory is important than investigating its accuracy. Lastly replication of original theory is very necessary according to the time and current trends. Benefits and Drawbacks of the Article The article has made constructive platform for the future researches on the positive research (West, 2003). It has made vital points for the critical examination of the positive accounting theory and recommended the apt theoretical framework and guidelines to improve research in the future as scientific model. The author has kept decision makers and investors point of view in mind to make the research analysis useful as accounting standard and policy. The valid arguments are being made by using academic journals and authors reviews. The supportive substantiation has made it more reliable and credible for the user to involve in the theory analysis and conclude the point with the same aspects (West, 2003). The structure and presentation of the theoretical framework is well structured and systematic with logical facts to prove it legitimate. The critical reviews of each article on the positive accounting theory made the research more beneficial and significant. There are various limitations in the article to finish an imperative and sound research finding (Unegbu, 2014). The author was biased with its personal attitude and behaviour towards normative theory throughout the research article, hence the analysis and discussion of the topic is directed by the limited facts only. The author has made only a few points in the authenticity of the positive research. The article has presented only negative side of the positive article rather than critical overview of the theory. In addition to this, the author also lacks in providing testified qualitative and numerical values to the theoretical framework of positive accounting theory (Unegbu, 2014). The collection of literature review is presented with the qualitative data as a secondary source which has also limited the facts approved by primary sources and its soundness. Conclusion The article has provided persuasive information about the positive accounting theory and the pointed facts are very much related with the current environment of accounting practices. The article has aimed to make the negative conclusion on the positive research as a scientific base due to no improvement in the theory after its formation. Moreover, the theory failed to illustrate reliance on the practical and quantitative facts that brings better evidence and conclusion to its outcomes. The article was made with full verification and support of different authors review from the literatures and presented a strong critic on positive research. Although the author added some points in the favour of positive theory yet failed to assemble more evidences to validate its lucrativeness. The author has facilitated some suggestions by modifying the theoretical framework of theory and making it quantitative and scientific to overcome the fall backs of positive research. Therefore, the author of t he article is proficient in articulating the facts and its thoughts in a very effective and efficient way. Thus, in this context, the article holds the true findings about limitation of the positive accounting theory. References Abedini, B., and Bazrafshan, M. 2016. Accounting Choices Determinants Underlying The Positive Accounting Theory. Journal of Management Sciences 2(8), pp. 448-452. Dunmore, P.V. 2009. Half a Defence of Positive Accounting Research. Fieldsa, T. D., Lysb, T. Z., and Vincent, L. 2001. Empirical research on accounting choice. Journal of Accounting and Economics 31, pp. 255307. Gaffikin, M. 2007. Accounting Research and Theory: the age of neo-empiricism. The Australasian Accounting Business Finance Journal 1(1), pp. 1-19. Isa, M. A. 2014. Determinants of accounting choice of noncurrent assets at IFRS first adoption among Nigerian firms. Social and Behavioral Sciences 164, pp. 378 383. Kabir, M. H. 2008. Positive Accounting Theory and Science. Positive Accounting Theory and Science, pp. 134-148. Schiehl, E. et al. 2007. Financial accounting: an epistemological research note. Revista Contabilidade Finanas 18(45). Sennetti, J., and Litt, B. 2013. Persuasion as a Prelude to Proof: Theory Acceptance in Accounting Research. Advances in Business Research 4(1), pp. 54-67. Slaheddine, Y. 2014. The Relationship between Accounting Theories, Financialization Process and Neoliberalism. International Journal of Economics and Management 3, pp. 166. Unegbu, A. O. 2014. Theories of Accounting: Evolution Developments, Income Determination and Diversities in Use. Research Journal of Finance and Accounting 5(19), pp. 1-15. West, B. P. 2003. Professionalism and Accounting Rules. Routledge.