Culture of Organization on Accounting Procedures Order Instructions: What influence does culture of an organization have on the accounting procedures it uses?
Topic: What influence does culture of an organization have on the accounting procedures it uses ?
By Day 7 of Week 1, submit a high-level summary of potential research topics to your Instructor, who will reply with feedback and suggestions for you to integrate into your work.
A draft problem statement. Include the four parts of the draft problem statement of the Doctoral Study rubric located in the Walden University Research Center. (Refer to http://researchcenter.waldenu.edu/DBA-Doctoral-Study-Process-and-Documents.htm)
The four parts of the problem statement are:
Hook (with a peer-reviewed citation that is five or fewer years old).
Anchor (includes a number supported with a peer-reviewed citation that is five or fewer years old)
The general business problem
The specific business problem to be researched
At least one broad the research question that is demonstrably linked to your problem statement.
Culture of Organization on Accounting Procedures Requirement
Please submit the assignment to the above mention selected top (What influence does the culture of an organization have on the accounting procedures it uses ?) !!!
Culture of Organization on Accounting Procedures Sample Answer
Essentially, the organizational culture of any company is viewed as the manner in which activities are done. These can be the structure of procedures, the nature of leadership and the rules which every member has to follow or abide. The accounting procedure is far much more than the methodologies and the accounting numbers plus the financial statements. It follows basic rules and standards so as to ensure that the purpose of the profession is preserved. The accounting practice will signify and symbolize the culture where it was performed. Correlation of some values helps determine the effects of culture on the accounting processes (Bryman et al.,2015).
An organization applying professionalism has a high tendency to perform well compared to a company using statutory control. Professionals take self-judgment and regulate themselves given that they understand their duties and target at producing the best in the accounting process. They make their independent legal and ethical decisions. Statutory is useful when it is necessary to follow accounting law accurately. In uniformity versus flexibility, the presence of uniform and consistent accounting practices among companies bring in efficiency (Senge., 2014). Uniformity is excellent in any high power distance societies as rules are readily accepted across borders.
Conservatism versus optimism is another set of values applied by companies in their accounting process and impacts the procedure. It suggests that caution is taken for dealing with uncertain futures rather than being risky and optimistic when reasoning. Accountant minds tend to be conservative compared to entrepreneurs who make risky accounting decisions. Another cultural value is secrecy versus transparency in the accounting procedure. The tendency for restricting information and confidentiality is a comparison to being open and accountable to the public in closely related firms. In accounting, firms wish to maintain secrets from competitors, but there is a need to be open to the public. This will, therefore, affect the accounting practices of a company and transparency levels are evident in the accompanying statements (Northouse, 2015).
Culture of Organization on Accounting Procedures References
Bryman, A., & Bell, E. (2015). Business research methods. Oxford university press.
Senge, P. M. (2014). The fifth discipline fieldbook: Strategies and tools for building a learning organization. Crown Business.
Northouse, P. G. (2015). Leadership: Theory and practice. Sage publications.
