Accounting assignment help allows students to get help solving their accounting homework. This is important since many accounting assignments are classified as being very difficult and students need to score high grades to pass the subject. Research is important in the subjects of accounting and finance. It enables both practitioners and scholars to keep up to date with various issues, concepts, and theories that promote best practice. However, reviews on already done research are more important because they help elucidate and clarify the topic under study as per the study’s perspective. Moreover, sometimes, it is very difficult to understand what research authors are referring to, and therefore critiquing and reviewing the study helps make more sense of the study findings. Therefore, this paper aims to evaluate, analyse and critique the study by Jory, Benamraoui, Boojihawon, and Madichie (2016) on net present value analysis and the wealth creation process. The first section will critique elements of the study that influence the believability of the research. These include the authors’ writing style, their grammatical correctness, and the abstract. The next section will be a critique of the study’s elements that influence its robustness, including the research purpose, its logical consistency, theoretical framework, literature review, objectives, hypothesis, and ethical considerations among others.
Elements that influence the believability of the study
Any study report should be well organized, grammatically correct well written and organized. Evaluating Jory et al’s (2016) study, the writing style is concise and well written. This is evident from the beginning of the report where they have given a brief but clear abstract of the entire study. Herein, the authors have presented the objectives of the study and why it is important. By reading the study’s abstract, the reader is able to have a hint of what the study is all about and why it is conducted, both of which are the main reasons for having an abstract. Details of the authors have also been given, thereby enabling any reader to know the background of each author and how they important their contributions to the study were.
Elements Influencing Robustness of the Study
Purpose of the study
Write a good research report presents the research purpose/problem statement as an introduction to the study. In this regard, reviewing Jory et al’s (2016) study, there seems to be a well-presented statement of the problem at the introductory part. For instance, the authors write that NPV as an investment tool plays a major role in investment decision-making because investors would want to know whether their investment will have positive or negative returns. The authors go ahead to write that while deriving the NPV of a project is more of a mechanical process, there is a dearth of literature on the difference between the stakes of each claimant (e.g. project financers) and that of shareholders on the free cash flows. Hence, the study uses a case study to derive the NPV of a project by differentiating values held by both finance suppliers and company shareholders. By accessing accounting assignment help students would have access to these concepts which would allow them to secure the understanding needed to solve the accounting problems.
Logical Consistency of the Study
A well-written study report should follow a logical sequence from the beginning to the end. Considering Jory et al’s (2016) study report, there is a seemingly well followed logical sequence of presentation, starting from the introduction, to the literature review, study methodology, results, discussion, and conclusion respectively. In the introductory part, the authors present a background of the study by mentioning the importance of NPV and how it is used by investors to make investment decisions. The authors also use the introductory part to present the purpose of the study. Hence, it can be concluded that the study report is logically presented and the sections are consistently arranged from the introduction to conclusion.
Literature Review
Researchers use literature review to identify the appropriate method of data collection and to define the research questions. Moreover, a good literature review should reveal the depth of the researchers’ knowledge on the topic under study. Reviewing Jory et al’s (2016) study reveals the same characteristics of a literature review. For instance, the authors begin by evaluating the popularity of NPV as a capital budgeting method as compared to other methods, where they find from previous studies that NPV is the most popularly used. The authors go-ahead to review the literature on the usability of NPV among small firms versus big firms, where they find that NPV is mostly used by big firms while payback period method is popularly used by small firms. Hence, a review of the study’s literature review reveals a good review, evidenced by the good use of both current and previous research evidence. Moreover, the literature review section can be given a good depth of knowledge of the topic under study, demonstrating that the authors are well knowledgeable about the topic they are trying to investigate.
Ethical Considerations
A good research study must be based on good fundamental moral principles. This includes the acknowledgment of the literature materials used and their authors. In reviewing the study by Jory et al (2016), there seems to be a good use of various citation and reference styles meant to acknowledge the authors of all the materials used in the study. Upon making the references, they include details of these studies on the reference list section, indicating an appreciation that the knowledge is borrowed from these authors. Hence, it is possible to conclude that the study has made significant ethical consideration as far as appreciating another researcher’s work is concerned. Identifying the ethics behind the subject in many situations requires for students to seek help from accounting assignment help services who help decrypt the concepts and ethics linked to each of the accounting concepts.
In conclusion, the study takes a hypothetical case approach in achieving its objectives. Herein, the authors use working examples to illustrate the use of NPV in project appraisal. In doing so, the authors demonstrate the manner in which a project’s cash flows are categorized and distributed in the form of repayment to capital suppliers and income to capital suppliers, as well as how the excess cash flow is distributed to the company shareholders. The use of hypothetical case illustration is an effective way of demonstrating to the readers how concepts and theories apply to a real situation, especially in studies that involve technical concepts. Hence, it can be concluded that the study uses an effective methodology to achieve its objectives.
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