May 14, 2019
If you major in finance or management or take GCSE courses, you will definitely have to write a plethora of accounting papers or research paper connected with the topic of business.
How to Deal with an Essay on Accounting?
The most crucial point of writing an accounting essay or report is that it must contain relevant and accurate information based on facts. It is essential to assure that opinions are backed up with figures and facts in compliance with the up-to-the-minute financial reporting standards and that the paper presents all viewpoints. The outline and presentation are also crucial in composing a good-quality accounting essay. An introductory part to start an essay is significant for two reasons: first, to present the topic, and second, to define the target audience. Before going about writing, the writer must precisely know who his essay is aimed at as readers may have different levels of accounting literacy. Additionally, the paper must have an objective conclusion to assure the paper has addressed the set accounting question.
Step One: Introduction
Before answering a certain accountancy question assigned for an essay, the writer must establish a precise understanding of the question he/she will address, as well as lay out this question to the readers and highlight the objectives of the paper. It is an indispensable part of any paper writing, as it defines the ultimate goal of the essay.
Step Two: Structure and Resource Planning
As soon as the writer acquired an understanding of the question which will be discussed in the essay, he/she must ensure that the structure of an accounting essay is observed. A handy and short plan will assure that all necessary subject areas, such as appropriate Financial Reporting Standards (FRS’s), Accounting concepts and current developments in International
Accounting Standards (IAS’s) crucial to the essay topic have appropriate references in answering the question set in the introductory part. Apart from this, the writer should define what resources will be necessary for his/her essay, such as technical accountancy publications, library databases, primary and secondary research, etc.
The purpose of the research is to gather referencing material from accountancy scholars and researchers to support thoughts and viewpoints put forward in the paper. The quantity of references in your paper is dependent on the length and the nature of the essay. While dealing with an accounting essay, you will have to resort to research carried out by others, as it is usually almost impossible to carry out primary research. Thus, in the case of an accounting essay, using references conducted by others make sense, but the writer should make sure that he/she uses the material which increases the value of the essay, backs up or challenges a certain accountancy concept or FRS.
At this point of the writing process, brainstorming can be helpful feeding the writer precious information and ideas for the creation of a top-notch essay.
Step Three: Include Calculations/Analysis
This part is especially significant for composing an accounting paper since the nature of the subject area requires the usage of example calculations to make an analysis of various accounting treatments in question, hence, treatment of intangible none purchased goodwill. The writer should only include calculations, figures, charts, and graphs if he/she holds it is necessary for the subject area but their usage will make the essay more valuable. One must be extremely careful since not all accounting subject areas presuppose the use of numbers. Sometimes, the task of the writer is to discuss and understand essential accountancy concepts.
Step Four: Conclusion and Recommendations
The conclusion of the essay is instrumental in answering the question set in the beginning. This part sums up what was discussed in the main part of the paper and also provides the results of any analysis or calculations that were conducted. This section is meant not only to delineate the findings or the conclusion but also as an opportunity to display the writer’s own thoughts and recommendations concerning both the question that was put forward and suggestions for further research and studies in the domain of the subject area.
Accountancy essays often have a form of an evaluation, and thus, there is no correct answer or conclusion. For this reason, thoughts and opinions will vary, and when concluding an evaluation essay, the writer must remember this fact and take into consideration all viewpoints.
While writing an accountancy essay, one should make sure that the proper level of language is being used. It applies not only to accounting essays but for business writing. Because the use of inappropriate language will discourage the readership to read the paper, in an accountancy essay, the aim of which is to give explanations of the benefits of understanding accounts for none finance managers, you need the use comprehensible and concise language. You should write your paper in plain language without burdening it with complex accountancy terminology. However, while presenting the methods of valuation for financial derivatives, the writer must possess profound accounting knowledge and use necessary terms and acronyms.
Having created the draft of your essay, you need to proofread your paper, and this is an editing part of your accounting essay process. It will help you to make sure that all work has been properly referenced and all grammatical structures are used correctly. Additionally, proofreading is fundamental in assuring that your paper corresponds to the objective of the essay set in the introductory part. It is also an opportunity to check whether all the paragraphs are valuable and relevant. It is especially helpful in lengthy essays where the writer wants to meet the word limit requirement without adding unnecessary value to the paragraphs.
Accounting essay topics examples:
- What is Impairment?
- Purpose of Ind AS.
- Why AS-31,32,33 is still non-mandatory. What problems companies will come across if these AS being made mandatory.
- Depreciation, its types and which type is suitable for each asset.
- DTA and DTL
At times, you are unable to write a decent accounting career goals essay irrespective of the efforts you put forth. In this case, the best option is to hire a reliable essay writing service that would master your task professionally. Not all services can produce top-tier accounting essays, thus make sure you take a deliberate choice.
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