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The Business and Accounting Advisor

Business survivability in this economy is difficult at best. This blog will offer useful business and accounting advise and ideas for ongoing business and competitive advantage.

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The future of accounting research and education.

December 11th, 2012 at Tue, 11th, 2012 at 1:25 am by glennsmith

The future of accounting research is huge and as diverse as the organizations that use accounting knowledge. The reason I originally went into accounting 10 years ago was that no matter the economy everyone will always use accounting and accountants will always have work to do. In growing economies, organizations desire accountants to tell them how to invest their excess monetary funds. In shrinking economies organizations desire accountants to tell them how to cut costs. One thing I am sure of is the growing international market place equates to accounting theory extending into the worldwide marketplace to a much greater degree.

 

There is a large debate proceeding regarding the future of accounting research. Baxter, Boedker, and Chua (2008) argued strong changes are coming to interpretive accounting research. This accounting research is many times met with or examined by qualitative research. The networks of collective knowledge in accounting are growing and changing.

 

Accounting research is becoming decentralized and moving out among dispersed networks of connective knowledge. Armstrong (2008) argued interpretive accounting theory operates as an alternative to positivistic theory. Many authors contribute heavily and believe that positivistic theory holds the future of accounting research.

 

Many authors produce clearly empirical research in accounting. Merchant (2010) argued the top “A-level” accounting journals publish these predominantly empirical tests motivating researchers to conduct certain types of research including SSCI citations. This stark concentration of one type of research is closing the door to many important research areas and squeezing out topic, discipline, and research according to Merchant. Accounting, organization, and society in management accounting hold large concentration of research while various research topics, such as financial accounting research shows considerable lack of research. Merchant concludes that other types of research than empirical tests are starved from the top ranking journals. This lack of research is affecting the tenure of faculty members who become marginalized if they do not produce empirical research. While there is enough material to continue to publish empirical articles the gaps are quickly hurting knowledge management in the accounting discipline and the future is in question.

Many dissertations, peer-reviewed journal articles, and top rated A-level articles are continuously published but it will take brave publishers and researchers to conduct research in areas fought against to maintain a steady stream of diverse accounting knowledge management. It is not a new fact or understanding that accounting knowledge management holds steady importance in research. Teece (1998) argued in the 90s scholarly inquiry should maintain a sensitivity toward preserving and building significant literature in “technology management, entrepreneurship, innovation and business strategy.” As firms grow and change in the quickly advancing competitive market of the global marketplace research must follow to support this development. It will take strong institutions of higher education such as the University of Phoenix to support and foster researchers willing to do the work needed for organizational development. It might surprise some people to see this universities as visionary but it has held vision that others turned cold toward and missed opportunities. Online education holds a place in global education when students who otherwise could not attend school can partake in classes over e-learning modalities. I am strong believer in blended learning and while some schools teach accounting in strictly face-to-face mediums others follow strictly e-learning methods. Capella has offered a blended learning modality that offers a new and fresh idea for accounting training that will change the face of worldwide education.

 

Great changes are coming and I for one look forward to the future.

 

Warmest regards,

 

Glenn Smith

 

 

 

 

 

Armstrong, P. (2008). Calling out for more: Comment on the future of interpretive accounting research. Critical Perspectives on Accounting, 19(6), 867-879. doi: http://dx.doi.org/10.1016/j.cpa.2007.02.010

 

Baxter, J., Boedker, C., & Chua, W. F. (2008). The future(s) of interpretive accounting research—A polyphonic response from beyond the metropolis. Critical Perspectives on Accounting, 19(6), 880-886. doi: http://dx.doi.org/10.1016/j.cpa.2007.02.009

 

Merchant, K. A. (2010). Paradigms in accounting research: A view from North America. Management Accounting Research, 21(2), 116-120. doi: http://dx.doi.org/10.1016/j.mar.2010.02.004

 

Teece, D. (1998). Research Directions for Knowledge Management. California Management Review, 40(3), 289-292.

 

 

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