Call for more variety in accounting research
Accounting Information System researches have been long pouring focus on risk and related controls. Particular to the issuance of Sarbanes-Oxley Act of 2002, some scholars started to examine the construct and internal validity of variety of control frameworks. One work has been performed to examine the internal validity of CobiT by examining the extent on which experts and senior auditors express the agreement on CobiT components to the way they think and view about control (Brad Tuttle and Scott D. Vandervelde, 2006).
Other also tested COSO framework components and information technology for their strength in representing material weaknesses (Klamm and Watson, 2009). To my self, this opens opportunity for accounting students for examining other angle of financial reporting process amid the close interdependency of accounting and information technology. My own expectation is more on the enrichment of final report topics, which still more on financial and auditing domain.
Though not completely mandatory, there seems to be a tendency in the process of final report working assistance to stay on those areas, which may impair the the holistic and creative side of research topics. The culprits I would say are, both the student’s propensity of working in a comfort zone and the lecturer’s limited time to seek out and to master more open and challenging topics. Sooner or later, it is imperative to stay open and be exposed with industrial practice both in information system and financial reporting practice. Afterall, we have heard about this saying, the only thing stay constant is change.
FYI, please give me comment if you’re interested to get the readings mentioned above, provided that it is for study purpose.