Reflection On Possible Change Of Research Questions (Essay Sample)

Article Reflection
Name
Institution
Reflection on possible change of research questions
One of the possible questions to this research is the investigation of the relationship between the auditor's committee and the finance and accounting department. Also, the study can focus on solutions to challenges faced by the management to meet the stakeholders expected remunerations. It will incorporate scrutiny on the risks posed to the auditor on the misstated financial statements by failure to comply stakeholders targeted earning. The proposal can cover the impacts or effects of CEO on selections of audit committee which is supposed to be an independent team. The report should examine whether the auditors follow and stick to auditing standards since its functions are influenced by the CEO (Sherer & Turley, 2008). Another research question which is applicable I this study is about the impacts of submitting the audit report to the management instead of the auditing committee. It will cover the effectiveness of the auditing process since it does not follow the required channel for review of the final auditing report.
Reflection on appropriateness of theories used
The theory of management is applicable in this study. To be precise, this theory postulates that the boards are always in companion under the influence of administration and merely occur to justify regulatory necessities. It also outlines that the board to be a separate operating unit outside the management. Therefore, with this knowledge of the management theory, it is much appropriate for applicability to this exploration. From the article, the CEO is in control of the auditor’s board activities from the selection process to their functions in the auditing process (Jeffrey & Arnold, 2011). The theory tries to correct the CEO motives since it supports independence of board from the management of the organization. The theory of management illustrates the duties of every department and how they should get conducted. Therefore it is very vital in this study since it corrects the wrong delegation of tasks to the wrong people like the review of final auditing report.
The accountability theory is essential in this research. The theory states that the auditors of public corporations are needed to submit their findings to the audit committee and not the management. The article goes contrary to this approach by requiring the auditors to provide their report to the CEO who is the head of the administration and not the audit committee. In essence, auditors will recognize that they are responsible to the audit committee and adapt their compromise to what they identify the audit board would acknowledge. For instance, having an efficient and affianced audit board, the team of auditors will stick to their duties and responsibilities to eliminate being viewed to have a negative impact on the company. In the investigation, it does not precisely measure clear accountability. Therefore the theory comes in the study to br...