Solution Manual for Accounting And Auditing Research: Tools And Strategies , 9th Edition

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Accounting & Auditing Research:Tools and Strategies9th EditionSOLUTIONS MANUALThomas R. Weirich, PhD, CPAThomas Pearson, LL.M., J.D., CPANatalie Churyk, PhD, CPACHAPTER 1INTRODUCTION TO APPLIED PROFESSIONAL RESEARCHDiscussionQuestions1. Research in general involves the investigation and analysis of an issue in question.Theresearcher usually applies reasonable and reflective thinking to develop an answer to the issue orproblem at hand. Research requires a clear definition of the problem, using professionaldatabases to search the authoritative literature, reviewing and evaluating the data collected,drawing conclusions and communicating your rsults.2. Accounting, auditing, or tax research involve a systematic and logical investigation of an issueor problem using the accountant’s professional judgment.Furthermore, accountants approachthis problem using critical-thinking skills to obtain and document evidence underlying aconclusion relating to an issue or problem currently confronting the accountant or auditor.3. Accounting, auditing, or tax research are necessary in order to determine the proper recording,classification, and disclosure of economic events; to determine compliance with authoritativepronouncements; or to determine the preferability of alternative accounting procedures.4. The objective of accounting, auditing, or tax research is a systematic investigation of an issueor problem utilizing the researcher’s professional judgment to arrive at appropriate and timelyconclusions regarding the issues at hand.5. Research plays an important role within an accounting firm or department. It is critical for theaccountant/auditor to be able to find and locate applicable authoritative pronouncements and toascertain their current status. Given the number and diversity of clients served, public accountingfirms constantly engage in research on a wide array of accounting, auditing, or tax issues.This

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