Overview
OVERVIEW OF ASSIGNMENT: In this assignment, you will have the opportunity to explore the accounting industry and critically analyze its current state and future opportunities. By conducting research and considering various factors, you will develop insights into the potential challenges and opportunities that the industry may face in the coming years. This assignment will help you sharpen your research, analysis, and critical thinking skills while gaining a deeper understanding of the dynamics of the accounting industry.
ASSIGNMENT OBJECTIVES:
- To research and gather information about the accounting industry.
- To analyze the current state of the accounting industry.
- To identify and evaluate key trends and factors shaping the accounting industry’s future.
- To formulate informed opinions and predications about the accounting industry’s future.
- To present research and analysis in a professional report.
REPORT CONTENTS: Each part should have a heading in APA format.
Introduction (1 paragraph): Begin with a creative attention-getter related to the field, mention the importance of this analysis, and preview points of paper.
History of Industry (1-2 paragraphs): Provide brief background of accounting industry and it’s progression to today. Use APA format to cite any paraphrases or quotes from your sources.
Current State of Industry (1-2 paragraphs): Research the current state of the accounting industry by including statistics, recent developments, key players. What are some major challenges the industry faces today?
Future Trends of Industry (2-3 paragraphs): Discuss major shifts in the accounting industry in 5-10 years: Address the following questions in this paragraph.
- What shifts may occur in the accounting industry in the next 5-10 years? Consider how technological advances may impact the industry (e.g. artificial intelligence, etc.), how market trends (e.g. look at market trends and emerging markets, etc.), and regulatory factors (e.g. how government regulations or sustainability may impact the future of the field, etc.).
- How can the accounting field adapt to the changes you identified.
- Provide an example of an accounting firm or accounting department is adapting to the future. What are they doing to adapt and how will it help them prosper in the future.
Conclusion (1 paragraph): Summarize main points and tie back to attention-getter.
PAPER FORMAT:
Utilize APA format (7th Ed.) for title page, headings for each part of the paper, in-text cites, and for reference page. Paper should be typed, double-spaced and error-free.
GRADING CRITERIA: *Please see rubric in Canvas.
- Introduction & Conclusion
- History of Accounting Industry
- Current State of the Industry
- Future Trends of the Industry
- Quality of Paper (error-free and well-written)
- Proper APA Format for In-Text Citations and Reference Page