Hello,

I need help with a report on contemporary issue in accounting theory regarding the governance mechanism and viability of independent directors on Boards.

Thanks,

Meli

Corporate Governance - Accounting Theory Subtopic: Independent directors Report title: Independent directors and 'skin in the game'. Your task: (Article Critique) Identify and apply any of the theories covered in Accounting Theory that you believe would assist a reader to understand the issues being discussed in the three articles below. The 3 articles 1. (Academic article) MANDATED DIVORCE: COMPANY BOARDS, 'INDEPENDENCE' AND PERFORMANCE: POLICY Vol. 32 No. 2 Winter 2016, pp.3-9, . 2. (Magazine) 'Skin in the game,' Company Directors Magazine. May 2016, pp.37-9 . 3. (Newspaper) Tue Jun 28, 2016 Tesla investor group wants more independent board, cites Musk ties. , http://www.reuters.com/article/us-solarcity-m-a-tesla-idUSKCN0ZE2ZL Research in order to find secondary sources on matters where a relevance to theoretical issue of accounting theory can be demonstrated 1. Identify the theoretical issue of accounting theory that relates with the most salience (relevance) to the contents of your selected articles. 2. Provide examples of agreements, disagreements or coverage disparities between the contents of the articles and the contents of the chosen accounting theory topic Readings and textbook. To do this, you need to compare the articles' content with the content of the various resources used in accounting theory and in that comparison, you should identify agreements (similarities), disagreements (differences) and disparities (where one source mentions something and the other does not). 3. Critique the articles. To do this you should at least: 4. Assess the significance of agreements, disagreements or disparities identified in the previous section. 5. Assess whether you are in a position to form an opinion on the accuracy of the content of the articles (for example, are sources of information revealed in the articles? Or is the author in a position to be trusted in respect to this topic?) 6. Question if the articles' coverage of the issues has been balanced and comprehensive enough to present useful information (more than a single perspective identified and presented) 7. Evaluate the worth of the articles to a decision maker who must consider similar issues in their respective roles (e.g. an investor seeking to evaluate investment opportunities; a manager wanting to make a resource allocation decision; a citizen wishing to exercise her civic rights; etc). 8. Reference List (Harvard Referencing)with in text reference 1|Page Contemporary Issues in Accounting Theory Academic Writing - Phrases for agreeing, disagreeing and discussing differences Capturing authorial action: X acknowledges that....... X agrees that ............. X argues that ............. X denies/ does not deny that .......................... X claims that ................ Can also use: concedes; complains; demonstrates; emphasises; insists; observes; questions; refutes the claim that....; reminds us that...; reports that....; suggests that... Introducing quotations X states, \"................\" (author date + page number) According to X, \"...............\" In his/her book/article, X maintains that \".....\" X agrees when s/he writes, \"...................\" X disagrees when s/he writes, \"................\" Introducing an ongoing debate: In discussions of X, one controversial issue has been .......... On the one hand, .................... argues/claims that ................. On the other hand, ..................... contends ........................ Other reports even maintain that ................ When it comes to the topic of ................., most (accountants) would agree that................... Where this agreement usually ends, however, is on the question of ................ Whereas some are convinced that..............., this is contradicted by the claim that................. Agreeing-with a difference X may be correct about ............ because recent studies have shown that ............. X's theory of ............... is useful because it sheds insight on the problem of ................ While X and Y agree on the issue of ............., the theory states that ............ Agreeing and disagreeing at the same time Although X seems reasonable up to a point, the overall conclusion that ................. Although much of what X writes can be debated, his/her overall conclusion that............. Whereas X provides ample evidence that ................, Y and Z's research on ................. is more convincing because................ X's argument about ................ and Y's research on ............... are equally persuasive because.... Disagreeing, with reasons X may be mistaken because s/he overlooks............. X's claim that ................rests upon the questionable assumption that............... Recent research studies have shown that X's claim is incorrect because.............. By focusing on ........................., X overlooks the deeper problem of .................. Suggested Plan for Writing Article Critique Report-Contemporary Issues in Accounting Theory Executive Summary (1/2 separate page placed before Table of Contents) Provide an executive summary with 5 features - brief overview of the purpose of the report and an effective summary of report content Table of Contents 1.0 Introduction (10% of word length=100-120 words) Introduce contemporary issue in accounting as important influences in business; outline main points to be developed; give a statement telling the reader what your report will cover (thesis statement) 2. 3. 4. 5. 6. Issue/Theme (approx. 190-200 wds) Agreements Disagreements Coverage Disparities Significance What is the issue/theme? Describe/define characteristics Why is this issue/theme important or significant today? What is the support from other Accounting Theory for this issue? Other examples from sources? Use references! How do the articles agree? Explain key similarities How does the issue compare to other Accounting Theory s? Reasons why this issue/theme is important and/or effective in contemporary accounting? Use references! How do the articles disagree? Explain the disagreement(s) How does the issue compare to other Accounting Theory? Reasons why there is disagreement on this issue/theme in contemporary accounting? Use references! Where is there coverage disparity in the articles? Explain the coverage disparity How does the issue compare to Accounting Theory? Reasons why there is coverage disparity? Use references! What is the significance of this issue? Why is it important in contemporary accounting? Credibility and accuracy of sources? Evaluate worth of articles to decisionmakers Does change need to happen? Why or why not? ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ ____________________ List relevant sources related to key points here and combine sources into your paragraph. Begin each paragraph with a topic sentence. S. Ashton-Hay, Academic Skills 7.0 Conclusion - approximately 10% of word length = 100-120 words (or less) to sum up key points from each section including issue, agreements, disagreements, coverage disparity and significance / worth of articles to decisionmakers Sum up main points from each section, including evaluation, in the conclusion