Recent literature has identified the extent of the gap between theory and practice in accounting, as well as the gap between academic research and the perceived requirements of practitioners. This unit explores the nature of this gap through a series of projects designed to examine and model the accounting variables and relationships which establish the links between theory, research and practice. In doing so, the unit will provide the potential for examining and solving real business problems within organisations, while highlighting existing gaps between theory and practice.
Students will identify a research problem and formulate a conceptual framework which models the underlying accounting relationships;  this will be used to guide the development of a research proposal which will provide a systematic examination of the problem.