Research Methods in Academic Accounting and Finance Assignment

Research Methods in Academic Accounting and Finance - Assignment Example The present paper has identified that academic research requires orderly analysis into the topic of study through different materials and resources for utter conclusions and actualities. Significantly, it is a requirement for personnel in the academic institutions to be conversant with the terms ‘research’ and ‘research methods or research methodology’; some people have experience in the area but even if one does not its part of all the courses and training. Relatively, everyone establishes that for effectual research, the right research methods should apply to make the best out of the study; moreover, they determine the kind of results one gets from their project or research topic (Remenyi 2011). The research methods one should implement depends on factors such as the topic of study, a period set aside for research, the target population and the results one expects to gather at the end. Today, there are multiple research methods especially in the academic f ield, each having its merits and shortcomings; however, it all depends on the factors mentioned above. The classification of these methods also has relied on particular aspects; normally, there are those methods that will take a lot of time and resources while others take a few hours or days with very minimal expenses for the researcher (Gill 2008). Some of the courses such as those involving social science require research methods that entail a lot of interaction among people but for pure sciences or accounting and finance, one has a vast scope and selection of the essential research methods.  Case Studies, interviews and use of questionnaires are among the most recommendable research methods for any academic study or research; all the same, it is a requirement for students to be conversant in their application, and if not, one has to acquire the necessary knowledge and skills. Most people argue that these methods are easy because of the common interviews on TV, case studies on b ooks or other literature, and the questionnaires from school and almost every institution. However, if one does not include a plan for implementation and management for any of these problems, the conclusions and results are inaccurate; moreover, a lot of time goes to waste.