Introduce the topic of the research

This report discusses the introduction, literature review, and research methodology. Herein, the introduction section demonstrates the research aim and objectives, research background, overview of the industry, and dissertation structure that could be essential to gain understanding about the research matter. The literature review supports to understand the conceptual data with respect to the forensic accounting. At last, it discusses the research methodology that could support to understand many tools and techniques for the accomplishment of the specified task (Ehioghiren and Atu, 2016).

Introduce the topic of the research

The forensic accounting is created to comprehend and discover the frauds in accounting and supports to examine the financial data. Consequently, the organization will be capable to sustain their position in the marketplace. This research supports to eliminate the unethical behavior from the working place and get a reliable result. In the current era, it is compulsory for the organization to gain their understanding of the forensic accounting for obtainment of the higher competitive benefits in the least time (Bhasin, 2016a).  

It could also support to secure the financial data of the organization supports to sustain the position of the firm in the marketplace. It is also examined that the organization could implement the forensic accounting for increasing their progression and get higher success due to securing the financial information of the firm. The forensic accounting could offer a standard to the financial institution to conduct appropriate behavior at the working place and get a reliable outcome. From the application of forensic accounting, the organization would be capable to make a reliable decision with respect to the research matter (Rezaee, et al., 2016).     

Overview of Industry

Accounting industry of Australia is more famous than another country. In addition, it is also examined that Accounting industry of Australia involves more than 34 partners and 243 specialists as it delivers certain services to the particular organization like a tax, breadth of accounting, and advisory services (Huber, 2017). Australian government facilitates the organization to begin their business and get higher productivity. Australia has a stable government could offer an opportunity to obtain higher competitive benefits.    

Research justification

The primary aim of this research is to evaluate the Forensic accounting and their progression in the accounting. This research report helps to increase the understanding towards challenges faced by the company at the time of using legal accounting. Moreover, it also shows many strategies that would be imperative for the attainment of the organizational objectives and goal. It directs the research scholar to successfully implementing Forensic accounting in the organization (Grubb, 2017).              

Overview of Industry

Outline the structure of this proposal

Dissertation structure is significant for evaluating each section of the report. There are many sections that are included in the dissertation structure such as introduction, literature review, research methodology, data analysis and findings, and conclusion and recommendation. Further, the outline of this proposal is effective for enhancing understanding with respect to the research matter. The following structure is followed by the researcher to accomplish the aim and objectives of the research matter:   

Introduction

The introduction section is the initial part of the dissertation as it considers many components such as the research aim, research background, research objectives, research justification, and research questions. It could be imperative for the accomplishment of desire goal in limited time and cost. Moreover, this section delivers depth knowledge with respect to the research limitation, which could be imperative for getting quality research outcome. This chapter is imperative for the research scholar to identify the research direction and examine the research issue in a reliable way (Aduwo, 2016).  

Literature Review

The literature review section demonstrates the views and opinions of different authors with respect to the current research matter. This section facilitates to obtain the reliable outcome about the research matter. Through this section, the researcher will be capable to identify the range that has been delivered at particular date. The literature review section facilitates to consider many sources such as journals, offline sources, online sources, articles, and books. (Kumari Tiwari, and Debnath, 2017). These sources would facilitate the researcher to meet the aim and objectives of the research matter in desired time. It could also be imperative to determine the knowledge gap.            

Research Methodology

The research methodology enables the investigator to choose suitable methods, approaches, strategies, and tools to obtain feasible information about the research concern. The research methodology could be tool and techniques that could be used by the researcher for the attainment of the aim and objective of the research matter such as research approaches, strategies, data collection method, strategies, sampling, and data analysis method. It could be essential for making consistency in the research outcome (Bhasin, 2016b).  Herein, the research techniques are practiced on behalf of research objectives as it could be effective for the accomplishment of specified aim and objectives.          

Data Analysis and Findings

In this research, this chapter is effective for collecting the gathered data and obtain a feasible outcome. This section enables the research scholar to discrete gathered information and evaluates them according to the particular research objectives. In this, the researcher would be able to determine the gathered data, which would be effective for the accomplishment of the research outcome (Bhasin, 2016c). Furthermore, this chapter facilitates to show the gathered information in a reliable manner.

Research justification

Conclusion and recommendation section is the last chapter of the dissertation that enables the research scholar to summarize the overall research on the basis of findings. This section enables top make a link between specified research objectives and research findings. Consequently, it could summarize the whole study in a specific manner. Furthermore, it provides many strategies to boost the collected information of Forensic accounting. As a result, it facilitates the research scholar to meet the objectives and aim of the study in the least time and cost. This section also demonstrates the practical use for conducting the study in the upcoming period (Alao, 2016).             

Research problem and research objectives 

The primary purpose of this research evaluates the significance of Forensic accounting and their progression in the working place. The following objectives will be used by the researcher to meet the aim of research: 

The other objectives include-

• To explore the conceptual understanding of Forensic accounting
• To evaluate the impact of Forensic accounting on the performance of the accounting organization
• To address the factors that may affect the application of Forensic accounting in the organization
• To suggested strategies of Forensic accounting for improving the organizational performance
• Research questions are given below-
• What is the meaning and concept of the Forensic accounting
• What is the impact of Forensic accounting on the performance of the accounting organization 
• What are the factors that may affect the application of Forensic accounting in the organization
• Which strategies of Forensic accounting is used for improving the organizational performance 

The literature review section enables the researcher to improve their conceptual information of the current research concern. There are certain sources that are considered by the researcher to meet reliable and valid outcome with respect to the research matter like journal articles, books, online and offline sources. It could be effective for getting a favorable result in the context of current research issues (Bhasin, 2016d).

This literature review facilitates the research scholar to enhance the understanding of Forensic accounting. Consequently, the investigator will be able to attain the aim of this study is limited time and cost. Furthermore, the investigator will practice many sources to meet the aim of specified research matter like online sources, magazines, articles, and books. Furthermore, the literature review shows the views and opinions of different authors in the context of the current research issue (Aduwo, 2016). It can be illustrated that the investigator will be capable to obtain feasible data with respect to the current research matter.            

Wang, Lee, and Crumbley, (2016) stated that Forensic accounting is imperative for the accountants to effectively deal with the fraud in the organization. Fraud could directly impact on the financial condition of the firm. In the current era, it is complicated for the organization to address the fraud activities in the financial section of the organization as it would lead to decline financial condition of the firm (Kumari Tiwari, and Debnath, 2017). In Australia, it is also a major task for the firm to secure their financial information and make accuracy hence Australia is developed for forensic accounting and maintain the ambiguity in the context of the research matter. In Australia, the researcher has done their many types of research on this concern due to eliminating the issue of the organization and aid to get them higher competitive benefits.

Outline the structure of this proposal

In support of this, Adeniyi (2016) stated that there are certain techniques of forensic accounting that are emerged like dealing with the fraud and innovation in the commercialization as it would be effective for the improvement of the financial performance of the organization. It is also examined that the forensic accounting models are effective for offering structured information to the organization with respect to the financial statement as it would be effective for effectively operating the business and accomplishment of the organizational task (Alao, 2016).                  

On the other side, Bhasin, (2016e) examined that forensic accounting model offers much financial accounting information techniques to make an innovative decision with respect to the current situation of the organization. It is also illustrated that forensic accounting could be effective as it would enable the organization to examine their innovative level and fraud activities situation. Consequently, the organization will be capable to operate their business in and sustain their position in the marketplace. Furthermore, disappointments about forensic accounting organizations have serious with the incapability of the forensic accountants to presents tenaciousness with respect to the dealing and direction of fraud activities by the firm.

Apart from this, Fleming, et al. (2016) illustrated that there are certain factors that could be considered by the organization professionals and lack of personnel management at the time of eliminating the fraud activities from the organization like security level of the financial statement. It is found that the organization could use this technique to collect the reliable outcome with respect to the research matter.    

On the other side, Sherer et al. (2016) examined that Forensic accounting is generally used to determine the operational as well as target financial condition of the firm. It will also lead to discover the fraud activities in the business and lead to get higher competitive benefits. The government of Australia has made many rules and regulation with respect to fraud activities to make the easy process of the organization. The auditors of the Forensic accounts could critically examine the financial condition of the organization for effectively leading the business and get a reliable result (Bhasin, 2016a).   

Research Design and Methodology

Research methodology in the research study facilitates to select appropriate methods for collecting feasible data with respect to research matter. Research methodology contains many methods like data analysis approach, sources of data collection, research strategy, research type and data collection method (Nigrini, 2016).  Following methods of research methodology supports to attain the objectives and aim of research matter:

Type of research

Investigator used several methods to accomplish their specified work in the least time and cost. The investigation relied on the research purpose, as it could be exploratory, explanatory and descriptive. Furthermore, the type of research relied on the objective and aim of the research study. In addition, the descriptive research method refers to the evaluation of the characteristics and data of the specified research (Wu, et al., 2017).

Further, explanatory research method supports to analyze the research issue in depth. Apart from this, a descriptive research design would facilitate the research scholar to accomplish the numerous phases of internal abilities. In the context of this, exploratory research design will be used to define something new, which is not determined before.

Moreover, current research technique is imperative to increase the internal capabilities of a research scholar. Descriptive research method assists the researcher to assess the collected information with respect to the forensic accounting. Apart from this, exploratory and explanatory research methods will not practice by the investigator, as this research is subjective in nature (Brody, Li, and Zhou, 2017).

Research approach

In the research study, the research approach scientifically illustrates the collected data so it is used to attain the aim and objectives of current research matter. Moreover, there are three methods named the quantitative, qualitative and mixed type of research approach. The qualitative research approach is important for collecting valid and reliable theoretical information with respect to the research dilemma. This method facilitates the investigator to get knowledge regarding the view and judgment of many authors towards the current research matter (Lakshmi and Menon, 2016).

In this investigation, it is analyzed that there is no need for a specific research method hence this method is critical as compared to other methods. Forgetting a particular conclusion with respect to current research matter, mixed research approach is used, which is relied on two types of information. Literature review assists the research scholar to collect qualitative data and statistical data will be pool by survey through a questionnaire. Research scholar will be practiced mixed research approach for conducting the investigation in a reliable way. Subsequently, a mixed research approach will support the research scholar to analyze the accumulated information about forensic accounting (Mishra and Singh, 2017).

Data collection methods

Data collection method is imperative because this method supports the research scholar to collect the feasible data through many resources. As per the need of research study, both data collection methods named primary and secondary data collection method used by the investigator. Research scholar attains their specified purpose of research by collecting primary data as it refers to the fresh data. Moreover, the primary data collection method considers several methods like survey through a questionnaire, interview method and observation support (Van Akkeren, et al., 2016). In addition to this, the researcher will gain understanding regarding the requirement of research matter, which increase the quality of the research study.

Apart from this, secondary data refers to the information, which is previously accumulated through another research scholar. This information is collected by journals, internet and newspaper this method is less time and money consuming. Both primary and secondary data collection methods will be practiced by the researcher, for performing current investigation in a reliable way as both methods assist the research scholar to obtain accurate and standard need (Okoye, 2016).

Moreover, secondary data collection method consists many resources that are reliable websites, books, governmental reports, and annual reports. In contrast to this, primary data can collect by survey through a questionnaire. This data collection technique facilitates the research scholar to attain fresh data by the specified research candidates for achieving an effective and reliable result.  

Sources of data collection methods 

Application of the suitable research strategy enables the research scholar to meet the aim and objectives and get a favorable result in the context of the research matter. Further, the researcher has practiced many methods to obtain the reliable result like an interview, literature review, survey method, observation, case study, and experiments (Aji and Urumsah, 2017).  Moreover, it is also addressed that these factors could assist the investigator to get a feasible outcome. The herein, the research scholar will practice the literature review and survey methods sources to meet the objectives and aim of the study.

Moreover, it supports to make a reliable decision with respect to the research matter due to getting reliable information. Through this, the literature review section assists the obtain views and ideas of different researchers in the context of research matter. Apart from this, a survey through questionnaire will be imperative for collecting the current information with respect to the research issue (Osho, 2017).                      

Sampling

Sampling is an effective technique that could is used by the researcher to select the sample size from the specified population in the least time and cost. In the sampling method, two kinds of methods are considered like probability sampling and non-probability sampling method. The probability sampling method is usually used to randomly select the research candidates on the basis random sampling method (Rehman and Hashim, 2018). The main advantage of using this method is that it aids the investigator to eliminate biases the from their study and conduct their study in a reliable manner.

Moreover, 40 accounting managers will be selected from the different region of Australia to conduct their study and meet the aim and objective of the research matter. It is imperative to get the reliable able outcome as it could be less of the sed data. Moreover, the probability sampling method could not be costly than the non-probability sampling method.            

In this research report, the probability sampling with random sampling tool is practiced by the investigator to get factual data with respect to the Forensic accounting. The probability sampling method offers an opportunity to the research scholar to provide the equal chance to the research candidates to be a part of the research and offer their opinion and views with respect to the Forensic accounting (MAZADU and HASSAN, 2017).  From the application of this technique, the researcher will be capable to get higher competitive benefits in less time and cost. Apart from this, it is also examined that the non-probability sampling technique facilities research scholar to select the research candidates on basis of age, gender, education and, experience. It is examined that the non-probability sampling technique is imperative for the researcher if the research issue is not subjective in nature. Herein, the researcher will not be practiced non-probability sampling method due to the subjective nature of the research outcome (Grove and Clouse, 2017).

The primary reason for selecting the different region of executives is that as it enables the researcher to get different opinion and views of the research participants about the forensic accounting. It enables the research scholar to attain the objectives of the research matter with a quality result. In this, the research scholar will be capable to increase the accuracy and consistency of the research matter. It could enable the research scholar to meet the aim and objectives of specific research issue. Furthermore, the research scholar will obtain permission before conducting their research from the top executives of the targeted company for the accomplishment of the research matter.

Moreover, it is also examined that the investigator could also imply many elements that could be involved by the research scholar to make a feasible decision in the context of time, cost, and efforts of the participants (Bhasin, 2016c). For conducting the survey through a questionnaire, the researcher will use MS-excel software and examine the collected data through charts, graphs, and tables. The research scholar will also use the email method and directly communicate with their targeted research candidates and get the responses to the survey through a questionnaire. Through this technique, the researcher will also be capable to inform the candidates with respect to the current research matter (Crain, et al., 2016). 

Data Analysis Method

Data analysis is a significant tool for evaluating collected data with the aim of determines the valid and reliable data. It is an imperative technique for the accomplishment of the specified objectives and aim of the research matter in a reliable manner. Moreover, it is evaluated that there are many data analysis techniques that can be practiced by the investigator to examine collected data like statistical analysis, disclosure analysis, thematic/content analysis, and, conversational analysis (Mehta and Bhavani, 2017). These tools are used by researcher to examine collected data and get a reliable outcome in the context of the research matter.

Moreover, the statistical data analysis tool is practiced by the research scholar to examine the collected data and accomplish the specified objectives of the research matter. It is significant to meet the aim of the research matter. For this research, the qualitative and quantitative data analysis tool is used by the researcher to evaluate the conceptual information of research matter. Moreover, it is examined that data analysis technique enables the researcher to attain the objectives of research concern (Baxter, Holderness and Wood, 2017).                      

Conclusion

With respect to the above discussion, it can be concluded that the researcher has practiced many tools and techniques to collect the feasible result with respect to the current research matter. These techniques are research strategies, approaches, data collection method, data analysis method, sampling, and research limitation. It would lead to getting higher competitive benefits in the least time and cost.  From the above interpretation, it can be summarized that Forensic accounting is an effective tool that could be used by the financial firm to evaluate their fraud activities in the organization and make amendment in the business process of the specified firm. Consequently, it could be effective for the accomplishment of the organizational goal.

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