ACCT403 Accounting Research and practi , 6 questions.

User Generated

wbyl_no

Business Finance

SEU

Description

Hi,

The first question there are two searches that you can answer.

Do not forget to write references.

Unformatted Attachment Preview

College of Administration and Finance Sciences nstructions – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. • Assignments submitted through email will not be accepted. • Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page. • Students must mention question number clearly in their answer. • Late submission will NOT be accepted. • Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. • All answers must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism. • Submissions without this cover page will NOT be accepted. College of Administration and Finance Sciences Assignment Question(s): (Marks 15) Question 1: The correct and complete sequence of steps in conducting research is as follows: 1. 2. 3. 4. 5. 6. 7. Identify broad area, Select topic, Decide approach, Formulate plan, Collect information, Analyze data, Present findings. Using our Saudi Digital library (SDL) you should find two papers in accounting field and determine for each paper the steps described above. [4 marks] Paper 1 1.The broad area of the paper 2.The topic 3.Approach used 4.Data source 5. Data analysis 6.Findings Paper 2 College of Administration and Finance Sciences Question 2: Write a description of the research problem you propose to investigate and explain why you chose this topic. [2 marks] Question 3: What should be considered in developing a good research idea? [2 marks] Question 4: What are the five categories of research methods? [2mark] Question 5: Differentiate between Quantitative vs. Qualitative research. [2.5 mark] Question 6: Define ANOVA and Regression Analysis [2.5 mark] Accounting and Management Information Systems Vol. 21, No. 2, pp. 236-269, 2022 DOI: http://dx.doi.org/10.24818/jamis.2022.02005 Digital transformation of accounting practices and behavior during COVID-19: MENA evidence Khalil Feghali 1,a, Joëlle Matta b and Samir Moussaa a Faculty of Economics and Business Administration, Lebanese University, Lebanon b Doctoral School of Law, Political, Administrative and Economic Sciences, Lebanese University, Lebanon Abstract Research Question: What are the impacts of digital transformation of accounting practices and behavior following the COVID-19 pandemic? Motivation: The outbreak of the health crisis linked to COVID-19 pandemic has turned massively the companies to adopt digital platforms for accounting function in order to keep concurrent pace with the emergent crisis at all levels (Begum, 2019). Many tools have emerged in terms of accounting procedures such as Artificial Intelligence, Big Data, eaccounting, and its adoption impacted accountant’s behavior (Damerji & Salimi, 2021). Key stakeholders of this study include accountants and companies. Idea: We examine the impact of level of digitalization and changes caused by COVID-19 on accountant’s behavior throughout multiple items. The independent variables utilized were, firm size, sector and position within companies. Data: We surveyed and analyzed a sample of 568 accountants operating in private companies in the MENA region, between February and April 2021, using SPSS software. Tools: A quantitative approach is adopted through a questionnaire-based survey. A sample of accountants in the MENA region was surveyed. Findings: Results show that changes caused by COVID-19 have a negative effect on accountant’s behavior in terms of attitude, effort, expectancy, and adaptation. Otherwise, the level of digitalization, position occupied by the accountant and firm size have a positive effect on accountant’s behavior in MENA region. 1 Corresponding author: Khalil Feghali, Faculty of Economics and Business Administration, Lebanese University, Lebanon, Tel. (+961) 3 925862, email address: khalilfeghali@yahoo.fr Digital transformation of accounting practices and behavior during COVID-19: MENA evidence Contribution: This paper contributes to literature by finding a concept foundation in order to help accounting profession in MENA region to digital transformation many processes. This paper helps accountants to adapt to changes engendered by COVID-19. Keywords: digital transformation, accounting practices, behavior, COVID-19. JEL codes: M40, M41, O30, O31, O32, O33 1. Introduction The health crisis has reigned the world and has unexpected effects. According to the World Economic Forum, COVID-19 pandemic gives a very strong boost to the digitalization of the world of business: more robots and Artificial Intelligence, fewer manual tasks. Around 77% of companies, projects related to digital transformation had to be overhauled because of the COVID-19 health crisis (Narisetti, 2020). In fact, all business entities are now concerned and must digitize their accounting, at the same time, adapt their manual processes for more agility, fluidity, efficiency, and simplicity. As well, companies, especially their accounting department have to improve their customer relation management system in terms of turnover and margins. They have to dematerialize to improve performance and productivity, and redesign human resources management to develop necessary digital skills (Mazurchenko & Maršíková, 2019). In the sequence of ideas, digitalization affects several accounting practices through innovative digital tools (Bampoky, 2017). In a world increasingly dominated by data, the digitalization of accountant processes must be acquired as quickly as possible in order to reach better decision-making process. In fact, accountants are on the front line of data acquisition and processing and in heart of data control (Bhimani & Willcocks, 2014). The main objective of this paper is to investigate the level of digital transformation of accounting practices following COVID-19 pandemic in the MENA region and its impact on an accountant’s behavior. The most recent used technologies in business are chosen to represent the level of digitalization in those companies in light of the emerging pandemic of COVID-19. This paper will examine the accountant’s behavior in response to those sudden changes in organization and accounting practices. This study will provide significant data about the level of digital transformation of accounting practices following the COVID-19 in MENA region and simplified explication of accountant’s behavior following this forced digitalization. The approach of digital transformation/employees’ behavior can assist accountants within companies to familiarize with the future of accounting profession and new technologies’ effects on accounting practices within the region. Digital Vol. 21, No. 2 237 Accounting and Management Information Systems transformation leads to radical modifications in businesses’ operations and on individual’s perceptions and behaviors. Moreover, Digital transformation leads to radical modifications in businesses operations and on individual’s perceptions and behaviors. This paper concluded to a concept foundation which helps organizations ease and facilitate the process of digital transformation of accounting processes following COVID-19. in addition, this paper offers a unique perspective, based on the existent circumstances, and explore its effect on accountant’s behavior. This paper will assist upper management to refer and have scientific data and resources regarding accounting’s digital transformation and accountant’s behavior. This research added to the growing body of literature by investigating the changes that occur in the accounting profession in the MENA region in light of digital transformation. By focusing on practice, we seek to shed the light on contributions to the professional accounting literature. We commenced by a perspective of the stage of accounting profession in MENA countries (Aburous & Kamla, 2021), then we focused on digital transformation techniques that could be deployed by accountants. We extend this literature by studying the digital transformation under the COVID-19 situation and by revealing the accountant’s interaction and behaviors in this case. In this context, the question arises: What are the impacts of digital transformation of accounting practices and behavior following COVID-19 pandemic? Specifically, this involves answering the following questions: Is the digitalization of accounting forced by COVID-19? How are traditional accounting procedures and practices effected by the digitalization and what are the new technologies involved in these processes? What are the effects of this transformation on an accountant’s behavior? The paper outline is as follows: section 2 includes a literature review and concept foundations regarding digital transformation of accounting practices. Section 2 also includes highlights on technologies, processes and accountant’s behavior during the pandemic. Section 3 includes the methodology of the current study followed by findings and discussion of the outcomes. The final section includes a conclusion and recommendations. 2. Literature review and hypotheses development Companies are going through an unprecedented health crisis, which is affecting their survival and organization. COVID-19 obliges companies to go for technology watch themselves and to move toward new technologies. The existing literature review on digital transformation and existing research on crises and related behaviors will be discussed in the following section. 238 Vol. 21, No. 2 Digital transformation of accounting practices and behavior during COVID-19: MENA evidence 2.1 Digital transformation through the dematerialization of accounting processes Dematerialization is not simply a matter of regulatory compliance or an information system project. Above all, it is a managerial, organizational, and human approach (Gulin et al., 2019). Dematerialization the accounting processes makes it possible to create a digital organization appreciating the development of modern means of payment, dematerialization the tax procedures, and lawsuits. Moreover, it helps optimizing work processes and thus generates numerous qualitative and financial gains (Bîlcan et al., 2019). Dematerialization the accounting processes also allows classification and facilitates access to consultation and research of accounting documents at the time of the review (Moudud-Ul-Huq et al., 2020). The prospects of dematerialization do not end there; ultimately, it will make it possible to create new business processes and new accounting practices. Accounting processing is based on the organization and recording of economic data necessary for the establishment of summary statements which are the balance sheet and the income statement. They are obviously linked to the operating activities of the company, but also to relationships with stakeholders such as employees, creditors, banks, tax authorities, and social organizations. Dematerialization of accounting consists of the transformation of multiple type of hard copies, invoices, taxes and bank documents, pay slips, etc. to a soft copy format ready to be incorporated into the digital processing of financial information (Begum, 2019). At the same point of view, dematerialization produces a sequence of computer processing linked to accounting processing and it refers to automated processing in the digital forms (Khan et al., 2018). Dematerialization includes new IT techniques and brings new methods for carrying out accounting tasks, recording and preparation of financial statements. This digitalization of accounting processing is related to a technological change causes upheavals in the execution of work by accountants and tends to affect their behavior towards an unusual and new accounting processing methods. Compared to the organizational changes that can be encountered by resistance to changes by employees, digitalization and improved accounting processes attempt to affect the behavior of accountants through changes in work modalities. In order to deal with the repercussions of COVID-19, most companies have embarked on a process of dematerialization by adopting new information and communication technologies. Digital transformation corresponds to the electronic management of documents, which includes digitizing documents, having them analyzed by character recognition software, archiving them, and finally allowing their transmission via workflow-type tools, with automatic processing if possible (Zadorozhnyi et al., 2018, Kersten et al., 2017). The replacement of accounting Vol. 21, No. 2 239 Accounting and Management Information Systems documents and papers by digital format documents facilitates day-to-day management (Lavault & Benyakhlef, 2005). Automation, secure exchanges, secure storage, and archiving are the most remarkable advantages of dematerialization. Automation, invoices’ processing including digitalization, registrations and imputations, automatic recognition, electronic validation circuit, export of entries to accounting software, and finally electronic payment led to significant gains in terms of time and costs (Teru et al., 2019). Hence, accounting dematerialization makes it possible to simplify the exchange of documents, save time and secure accounting procedures. What will be the technological and technical platforms used in the dematerialization process? This subject will be explored in the following section. 2.2 Stages of accounting profession in MENA countries and digitalization of its practices Accounting profession in MENA countries has considerably marked development of accounting practices and adoption of IFRS. Moreover, investments, franchising and new ventures with international partners have also developed the business environments, and levels of professional accounting practices (Boolaky et al., 2018). Multiple countries in MENA region focuse on the macro level processes of Westernization concerning accounting profession, such as Jordan, United Arab Emirates, Qatar, Egypt... (Aburous, 2019). Meanwhile, the use of English language has been also influential in the opening of the accounting practices of these countries to International Standards (Aburous & Kamla, 2021). Many researchers studied the impact of cultural factor on accounting development and practice on MENA countries (Hofstede, 2011; Aburous, 2016). Hence, cultural aspect is composed from a wide combination of « language, attitude, morals, values, law, education, politics, social organization, and technology » (Eldarragi, 2008). Therefore, this section will be conducting an in-depth analysis concerning the digital transformation in accounting practices in MENA countries. Digital transformation overly influences accounting practices that align with pervasive technology systems that assist with business procedures and operations. In this context, understanding the attitudes and behaviors of accountants is crucial, as their resistance or negativity can waste resources via ambivalence, and affect the development of accounting practices (Alamin et al., 2020). So, the digital shift creates new technological possibilities to be exploited: emerging technologies will spark innovation, drive changes, and influence organization processes including accounting profession. Digital transformation encompasses a wide range of technologies with varying degrees of diffusion in e-accounting. In this paper, Blockchain, Big Data, Artificial Intelligence will be discussed. 240 Vol. 21, No. 2 Digital transformation of accounting practices and behavior during COVID-19: MENA evidence Blockchain In a business which heavily depends on the transfer and exchange of strategic data, the Blockchain certifies the authenticity and integrity of a digital coin without trusted third parties and heralds a real revolution. Similar to all digital innovations, accountants seem determined not to be left behind. It seems appropriate to highlight the characteristics and the implications of Blockchain technology for the accounting profession (Carlozo, 2017). Blockchain is characterized by three principles: transparency, data protection and decentralization (Desplebin et al., 2018). This technology has essential characteristics that will enhance the functionality to continuous accounting and provoke fruitful digitizing of the accounting profession. Indeed, financial or nonfinancial information which is approved by the consensus protocol of the Blockchain, then downloaded and integrated into the Blockchain platform, cannot be modified without an easily visible and verifiable trace (Casino et al., 2019); It is all about the immutability characteristic of the Blockchain platform. The Block chain platform, which is constituted as a decentralized construction, provides a more extensive communication of information (Bonsón & Bednárová, 2019). Likewise, information charged to specific data blocks is encrypted and can only be unlocked using a specific combination of public and private keys (Leloup, 2017). Furthermore, this control solution proposed by the Blockchain admits the possibility of defining degrees of transparency, which make it possible to have both a definable register and ledger, public, or private. Thus, Blockchain ensures data protection by inhibiting falsification and data erasure through promoting verification of information by network nodes and securing anonymization (Desplebin, et al., 2019). The Blockchain is a database that could constitute the next generalized evolution of accounting supports (Alarcon, 2018). The main and most interesting difference between the traditional databases which currently serve as accounting support and Blockchain is the data control solution. In fact, to modify a previous transaction, it would require reprocessing all following blocks in the chain. However, this sequence is impossible since it will exceed the speed of adding new blocks. Consequently, Blockchain is considered immune to modifications and subsequently compatible with accounting as a transaction ledger. The Blockchain would be the only solution that offers such data security in terms of reliability and inviolability (Coyne & McMickle, 2017). These cited characteristics would allow the Blockchain to assert itself as a particularly relevant support for the keeping of a Journal and a Ledger at the intraorganizational level, as well as with external users such as shareholders or external auditors (Dai & Vasarhelyi, 2017; Desplebin, et al., 2019; Rückeshäuser 2017). Vol. 21, No. 2 241 Accounting and Management Information Systems Artificial intelligence The emergence of Artificial Intelligence in accounting practices is accelerated with COVID-19 (Yoon, 2020). Moreover, Artificial Intelligence is considered to be an important lever for the growth of companies. The transmission of information and dematerialized documents can significantly speed up processes; even automate them when accountants are able to define systematic rules. Thus, Artificial Intelligence is a decisive contribution because it makes it possible to identify, from different sources, the elements on which the management rules are based (Davenport et al., 2020). This is what allows, for example, a robot to process invoices regardless of their formats and presentations. However, the ability of Artificial Intelligence to see faster and further than the human eye can also allow it to detect errors, gaps, or similarities in accounting documents. It is not a question of replacing accountants, but rather of strengthening their skills and capacities. From a practical point of view, Artificial Intelligence also refers to machines, algorithms, or programs that draw inspiration from or imitate human skills like understanding natural language, identifying visual objects or reasoning in its various forms (Zouinar, 2020). Thus, Artificial Intelligence is a sophisticated tool capable of learning through training protocols. Technically, accounting procedures begin with the analysis, quantification and reporting of large quantities of accounting documents such as payment slips, invoices, etc. Artificial Intelligence consists of automating some of this accounting work, and subsequently reducing the workload of accountants. Intelligent automation solutions for document processing are based on algorithms. Indeed, algorithms are able to handle repetitive and long tasks, thus leaving more time for accountants to focus on tasks with greater added value for companies (Wieringa, 2020). These algorithms are becoming more reliable, flexible, adaptable, allowing solutions to adapt naturally to files with variable structure, such as invoices (Ionescu, 2020). Thus, the data is recognized automatically, exhaustively and reliably, without any prior configuration required by a user. This technological tool constitutes a competitive advantage for the accounting department as well as for the company, due to its unprecedented capacity in continuous production of internal and external data (Iansiti & Lakhani, 2020). Today, Artificial Intelligence has entered the world of accounting and can already be used in many accounting missions. It will imply significant changes in the areas of accounting practices and transfer some practices, including consulting, certification, and tax reporting to a virtual level. Artificial Intelligence focuses on the "logical part" of the tasks while the professional accountant focuses more on the "emotional part." Indeed, the robotization and automation of certain accounting tasks 242 Vol. 21, No. 2 Digital transformation of accounting practices and behavior during COVID-19: MENA evidence should not be considered as a risk but as an opportunity to develop real expertise and a high added value service for companies (Damerji & Salimi, 2021). Big Data At a conference hosted by US magazine, Fortune, Ginni Rometty, CEO of the IBM Group, said data analytics will radically change the way businesses operate and make decisions. Those who choose to ignore Big Data will not survive. Big Data is characterized by massive processing of enormous heterogeneous data. The development of technologies is capable of analyzing them in a given context in order to extort valid information from it (Zouhri, 2019; Vasarhelyi et al., 2015). In the last decade, the terminology of Big Data has taken on its real and present meaning as a technological challenge to analyze large sets of data collected by various technical means. The notion of Big Data covers four important dimensions: Volume, Variety, Speed, and Velocity (Favaretto et al., 2020). Using this data often enhances the decision-making process. This digital upheaval, marked especially by Big Data, can upgrade the pertinence of the accounting process (Warren et al., 2015). Hence, in the accounting field, Big Data can help maintain highly updated new challenges for the organization through the treatment of all the data available in order to support the budget process and evaluate the organization’s performance. Recently, very often companies collect enormous volumes of data without using it. With the purpose to optimize data usage, connections and objectives should be clearly defined. An accountant’s knowledge and expertise is considered vital to find these links and guide the company in creating them. In fact, accountants understand the whole process of the organization and can assist in the identification of connections between data to extract its interpretation. This digital revolution can enhance the pertinence of accounting work (Donald et al., 2015). Digital technology has already transformed the way in which accounting departments operate, in particular due to the emergence of innovative solutions such as increasing efficient software and automation of recurring and complex tasks (IAASB, 2016). Big Data has brought a new philosophy by renovating the analysis and pooling of data. Indeed, no other department in the company holds as much statistical and strategic information; Assets, turnover, net income, customer portfolio, solvency, debts, volume of orders, amount of investments, salaries, depreciation, etc. are all valuable information to use to optimize the management of the company (Russell & Cockcroft, 2018). Hence, it is essential to computerize the entire accounting system in order to achieve more specialized solutions. Thus, this transition to e-accounting will increase transparency of financial statements (Huseynov et al., 2020). Vol. 21, No. 2 243 Accounting and Management Information Systems Thus, to limit agency problems and signal the quality of the company and its intellectual capital, we assume that business leaders are encouraged to incorporate socially responsible practices into the information disclosure strategy, such as the adoption of a voluntary IC disclosure policy. Therefore, our second assumption is formulated as follows: 2.3 Difficulties and threats engendered by COVID-19 COVID-19 crisis is a sudden, but also brutal and global crisis, which interferes permanently in the public sphere. On a business level, COVID-19 pandemic is causing organizational, social, and societal changes which are forcing companies to urgently rebuild their organizations. The general management and entire chain found themselves in a situation of permanent tension (Ruel & El Baz, 2021). Companies have had to find their marks, and to match between the economic situation and security conditions, for the sake of business continuity. Faced with this crisis, the companies take up several challenges. One of the first challenges is to enable company employees, not just managers, to acquire high-performance computer hardware and digital tools (e.g., optical fiber, reliable and resistant computers, large screens, tablets, mobile phone, headsets with a microphone and a webcam etc.) necessary for structural and continuous teleworking (Faraj et al., 2021). Indeed, with this crisis, the nature of teleworking tends to evolve, passing from a punctual and quasi-playful form to a permanent and "binding" mode of organization (Abubakar, 2020). Williamson et al. (2020) stipulate that Home-Based Work will be the postpandemic new nominal standard. This change in status in terms of practice introduces an adaptation of digital equipment and tools at home in terms of performance and energy and technological efficiency. 2.4 Accountant’s behavior during the pandemic The roots of accountant’s behavior during the pandemic can be explained by the “Conservation of resources theory.” This theory is intended to understand the responses of individuals or groups faced with situations of general or traumatic stress (Monnier et al., 2002). The pandemic and the lockdown have brought new circumstances and engendered many changes which influence the work routine and job behavior. In his structural classification of attitudes and behaviors, Hobfoll (2001) distinguishes four main categories closely linked to the survival of social actors in a given social system: (1) Their personal resources including both personal skills (e.g., leadership capacity, assertiveness, etc.) and personal traits (e.g., self-esteem, locus of control, etc.), (2) Their objects or possessions characterized by materiality and directly linked to socio-economic status (“object resources” - e.g. car, house, etc.) 244 Vol. 21, No. 2 Digital transformation of accounting practices and behavior during COVID-19: MENA evidence (3) Their acquired or inherited living conditions ("condition resources") which allow them to have other resources or facilitate their access to them (e.g. financial security, professional and family stability, etc.) (4) Energy resources which derive their value from their ability to exchange resources in the other three categories (e.g. money, knowledge, social support, involvement in organizations, etc.). It can be easily understood that changes in the professional field can affect the job performance up to varying degrees, to the different categories proposed by Hobfoll which cover a fairly wide spectrum. This theory explains the best the organizational stress and employees’ behaviors toward it (Westman, 2004). The confinement situation imposes new working methods with major impacts. Individually, the ability to adapt to COVID-19 situation is not the same for everyone. Thus, a pessimistic or optimistic vision of the future constitutes the basis of the attitude and behavior of employees and undoubtedly contributes to the construction of post-COVID-19 society. De Becdelièvre and Grima (2020) suggested that this crisis created a “career shock” and has affected employees’ behavior. These expectations can be generalized through varied and stable situations over time. The impact of digitalization forced by COVID-19 is particularly large on occupation and behavior and it is also useful to take this into account during a period of confinement. The level of changes engendered by COVID19 has pushed the virtualization in all aspects of life, which increased ipso facto the level of digitalization. Indeed, the long period of lockdown has forced the community to rebound on digitalization to maintain the economic cycle, the business entities and their functions. It is important to understand that COVID-19 is not directly responsible for employee’s stress. The brain's interpretation of an act or situation determines the level of control of anxiety and job stress (Grenon, 2000) and puts the psychosocial well-being of employees under pressure. This stress can be explained by a wide variety of reasons: (a) the combination of work and childcare, (b) increased professional pressure, (c) uncertainty about the future of the job, and (d) the fear of being infected by COVID-19. The last element plays a notable role on people who have no choice other than to go to their place of work. Hence, between "forced telework," "delayed projects," and "lack of supervision" a number of employees have been victims of disengagement or a degraded social bond within their organization. Along the same lines, employees believe that there is a connection between the efforts they put in at work, the results they get from that effort, and the benefits of the results obtained. If all these results are positive, the employees can be seen as highly motivated. Expectancy theory suggests that "Employees will be motivated if they think their efforts will support performance and expected results” (Alraja, 2016). Vol. 21, No. 2 245 Accounting and Management Information Systems The concept of attitude has occupied a central place in social psychology since the 1930s and still maintains this position today. The attitude is more or less favorable assessment of a given object. As attitudes are not easily accessible objects, they are most generally apprehended in a declarative manner using a measurement scale: the individual gives an assessment of the object in writing by positioning themselves on a scale of 'intervals at several points ranging from "totally agree or like" to "totally disagree or dislike" (Ajzen & Fishbein, 1977). The first challenge in attitude studies has been to predict behavior from a simple statement. The original studies seeking to prove this relationship between attitude and behavior encountered an obstacle: it was difficult to match a behavior to its corresponding attitude (Vaidis, 2006). One of the most obvious applications of the link between attitude and behavior is in manipulating attitude to bring about desired behavior. Hence, changes in an individual’s attitude are associated with behavior changes (Petty & Cacioppo, 1996). Figure 1: Relationship between attitude and behavior Source: (Vaidis, 2006) Returning to Figure 1, the attitude towards a process, object, idea or change in environment (Attitude A) underlies the behavior (Behavior B). A change in this attitude will cause a change in the associated behavior. If persuasive manipulation or leading assessment on a modification is implemented, it ultimately modifies this attitude (Attitude A’) and will cause a change in behavior (Behavior B’). From this perspective, if companies initiate the training necessary for technological and digital transformations and if action plans are prepared for dissemination as crisis 246 Vol. 21, No. 2 Digital transformation of accounting practices and behavior during COVID-19: MENA evidence management, employees will have more controllable and anticipated attitudes and thus behaviors will be more suitable. One of the main challenges is the transition of the profession of the chartered accountant which must adapt to the technological innovations that mark the profession (Moussaid, 2020). It is not a question of countering this technological change but rather, of showing adaptation and flexibility in behavior. Hence, development conditions the sustainability of the profession. Digital technology requires adapting and developing new skills. In the current context, “Human Adaptation Institute” studies the cognitive and social impacts of the management of COVID-19 crisis and the short-term and long-term adaptations on the behavior of individuals. A consequent paroxysmal event due to COVID-19 is that it has upset daily procedures in a lapse of time without leaving room for individuals to adapt, act, or prepare for it (Liaw, 2021). 2.5 Hypothesis and conceptual framework COVID-19 has disrupted the practices and organization of many business functions, more specifically accounting practices, the subject of this study. The challenge now is to acquire knowledge about the individual behavior toward the digitalization, in order to assess all the required actions that need to be installed. Based on literature review and previous studies, this study seeks to clarify how the forced digital transformation of accounting practices by COVID-19 influences the behavior of accountants in MENA region. The technological devices forming the platform for digital transformation imply a great diversity of accounting processes and activities, and new tools to be integrated into them. This technological upheaval is suddenly accelerating with the arrival of COVID-19. The present survey examines the casual impact of Changes due to COVID-19 and level of digitalization on Accountant’s behavior. In fact, current and expected changes which may affect accountant profession provoke an augmentation in the stress level at work and affect negatively their behavior. The conservation of resource theory, including threatened resource loss, explicates the behavior’s outcomes. H1: The level of digitalization impacted accountant's behavior. H2: Changes engendered by COVID19 influenced accountant’s behavior. H3: Changes engendered by COVID19 increased the level of digitalization. Vol. 21, No. 2 247 Accounting and Management Information Systems The activity can be analyzed with regard to the gap between a real task and a prescribed task (Leplat, 1997). The transformation of the activity leads to an imbalance between an initial situation and a new situation that requires adaption and assimilation of new patterns. Thus, this imbalance arise a situation of cognitive progress and a potential development. In addition, activity in the workplace is understood to be doubly regulated since the activity acts as a coupling between the characteristics of a subject and those of a situation, there are results and effects on the actor (Piaget, 1997). The below figure illustrates the conceptual framework of this study and encompasses all the variables and items in this model. Figure 2: Conceptual Framework of the study In this context, methodological choices, subject of the section to follow, must allow this specificity to be taken into account in order to respond to our research question. 3. Research methodology 3.1 Population and sampling The sample development process began by determining the population to be studied. The target of this research was all accountants operating in the MENA region in all industries and positions. A non-probabilistic technique was chosen for this study, through the snowball sampling method. It consists of a gradual construction of the sample using references obtained from first responders (Malhotra & Dash, 2011). 248 Vol. 21, No. 2 Digital transformation of accounting practices and behavior during COVID-19: MENA evidence The questionnaire-based survey was distributed through the connections of professionals in thousands of companies in the MENA region, through “LinkedIn” then the initial contacts opened new connections to send the questionnaire to their colleagues. It is important to mention that a respondent could not fill more than one questionnaire. The sample size for this study is approximately 4000 selected individuals spread throughout the MENA region. Each person had a choice to accept or refuse to participate in this study. The prepared questionnaire-based survey had a total of 32 items. For the first 11 items, respondents were asked to assess the frequency of completion of digital transformation techniques of accounting practices, in their company, using a five-point Likert scale. The remaining 21 items measured the exposure of accountants to changes engendered by COVID-19 in their workplace and their behavior in terms of attitude, effort, expectancy, and adaptation. The required sample for a population of 4,000 individuals is 383 at 95% confidence level and 5% standard error margin. Meanwhile, the sample of this study is formed by 568 participants, which exceeds the required limit. This enhances the credibility of the results and minimizes potential bias (Hazra, 2017). 3.2 Data collection and sample description The data collection was carried out from the month of February 2021 till the end of April 2021. The questionnaire was prepared in three languages: Arabic, English and French, and three links were generated online with the platform Google forms. In total 591 responses were received. Then, 10 questionnaires were removed because the respondents did not belong to the target population. Next, 13 questionnaires were eliminated and deemed unusable due to lack of answers. Finally 568 questionnaires are exploitable Table 1: Responses screening Responses status Reponses Total of responses received 594 Incomplete responses 10 Out the targeted population 13 Total responses deleted from Libya 3 Total of remaining usable questionnaires 568 The questionnaire-based survey was conducted with inter-subject and intra-subject participation. In other words, the same participants measured the effect of the Vol. 21, No. 2 249 Accounting and Management Information Systems independent and dependent variables, and then the same elements were measured between groups and divided based on their region. The following table of variables summarizes the variables used, its construction and a brief explanation. Table 2: List of variables Variables Behavior Items Attitude Adaptation Effort expectancy Level of digitalization E-commerce Artificial intelligence Block chain Explanation It is measured by the perceptions of the respondents toward the easiness of acceptance and its behavior toward digital transformation of accounting. This item is measured by the respondent’s ability of adaption to changes in practices Effort expectancy is measured by the participant’s perceptions towards the difficulty of process learning and the employed resources in accounting digitalization . Each of these techniques related to digital transformation were used to measure the level of digitalization Continuous auditing Big data e-invoices e-signatures Online transfers Digital taxation Digital payroll Digital bookkeeping Changes caused by COVID-19 250 Telework To what extent Covid-19 has forced the company to perform the accounting Vol. 21, No. 2 Digital transformation of accounting practices and behavior during COVID-19: MENA evidence Variables Items Lack of contact Lack of Technical support Cost increase Work load increase Job stress Lack of training Lack of readiness Explanation activities from home (Working from home / remotely) To what extent Covid-19 engendered a lack of faceto-face meetings and communication To what extent Covid-19 caused a lack of technical support To what extent Covid-19 caused an increase in cost To what extent Covid-19 caused an increase in work load To what extent Covid-19 caused job stress To what extent Accounting department lacks readiness to face new modifications To what extent Covid-19 engendered a lack of faceto-face training The division of the research sample took into consideration the geographical distribution of countries and existing cultural similarities while respecting the acceptable statistical limit of the repartition of groups, whereas number of responses collected from each are is shown below. Table 3: Responses distribution by countries Countries Responses Lebanon 131 Syria and Jordan 51 Iraq and Kuwait 56 UAE and Oman 57 Bahrain and Qatar 58 Saudi Arabia and Yemen 62 Egypt 69 Tunisia, Algeria, and Morocco 84 Total 568 Vol. 21, No. 2 251 Accounting and Management Information Systems In addition, 3 responses were received from Libya and were eliminated due to the lack of representability for this region. The below table will illustrates the sample description of this study. Table 4: Descriptive table of respondents profils Sample characteristics Position Junior Accountant Accountant Deputy Chief Accountant Chief Accountant Accounting manager Financial manager Experience Education Level Toal sample Frequency 45 171 39 85 99 73 Financial and administrative director Less than 5 years 190 5-15 years 249 More than 15 years 129 High School or equivalent 7 Bachelor degree 294 MBA/ Masters 258 PhD 9 56 568 This table illustrates the sample distribution and characteristics concerning their position, experience and education level. This descriptive table shows that around 66.7 % of the respondents have an experience over 5 years in accounting field which clearly indicates they have a good knowledge in this domain and have good practice throughout multiple financial years. Also, it has been revealed that over 75% of the sample are professionals at managerial level such as (chief accountant/managers…), 30% fulfill the position of accountant and 8% occupy the position of junior accountant. Concerning the academic level of the participants, 52% have bachelor 252 Vol. 21, No. 2 Digital transformation of accounting practices and behavior during COVID-19: MENA evidence degree, 46% have a master degree 1.5 % hold a PhD. Also, 10% out of the total sample have accomplished a professional certificate such as CPA/ CMA/ ACCA. 3.3 Validity and reliability of the survey For the results to be considered accurate, the results of a measuring instrument must be constant from one use to another (Churchill, 1979). Thus, to measure the reliability of a scale, it is necessary to determine the proportion of systematic variation. In the case of multiple scales measuring a variable, several items were used to assess different aspects of that variable. It is worth mentioning that items had internal consistency. This homogeneity is measured from the Cronbach alpha also called the alpha coefficient (Cronbach, 1951). Validity is particularly concerned with the internal consistency of the tool, which indicates the ability of items to measure the same dimension or the same construct. The validity is evaluated by calculating the Cronbach's alpha coefficient, carried out on each of the dimensions, sometimes on the whole. The higher the alpha coefficient is, the more the items are considered homogeneous among themselves. Internal consistency is satisfactory if the alpha coefficient is greater than or equal to 0.70, then the test items can be considered to be similar in content (i.e. homogeneous) (Terwee et al., 2012). Table 3 shows the alpha coefficient for each of the variables measured in the study: Behavior, Changes engendered by COVID-19 and level of digitalization. This coefficient is measured based on the total sample of 568 respondents. Table 5: Reliability Results Scales Behavior Cronbach Alpha 0.843 Changes engendered by COVID-19 0.769 Level of digitalization 0.918 Table 3 shows that the Alpha coefficients for the 3 variables are above 0.6 and therefore considered to be faithful with satisfactory internal consistency. Statistical analyzes of the survey A factorial analysis in principal components according to the Varimax method was carried out for the survey in order to restrict the number of items per variable for the final questionnaire. The principal component factorial analysis measures the validity of the results according to the correlation between the items of the same variable, called Vol. 21, No. 2 253 Accounting and Management Information Systems convergent validity, and the absence of correlation between the items of the same variable, called discriminant validity, and those of another variable (Finch, et al., 2017). To do this, the use of Cronbach's alpha (α) made it possible to verify the fidelity of the scale. The correlation matrix must not be equal to the identity matrix. The test must be significant (p
Purchase answer to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

View attached explanation and answer. Let me know if you have any questions.

College of Administration and Finance Sciences

Accounting Research and Practice

Student’s Name
Institutional Affiliation
Instructor
Course
Date

College of Administration and Finance Sciences

Assignment Question(s):

(Marks 15)

Question 1: The correct and complete sequence of steps in conducting research is as follows:
1.
2.
3.
4.
5.
6.
7.

Identify broad area,
Select topic,
Decide approach,
Formulate plan,
Collect information,
Analyze data,
Present findings.

Using our Saudi Digital library (SDL) you should find two papers in accounting field and determine
for each paper the steps described above.
[4 marks]

Paper 1

Paper 2

The impacts of digital
transformation of
accounting practices
and behavior following
the COVID-19 pandemic
Digital transformation of
accounting practices
and behavior during
COVID-19: MENA
evidence

Impact of digital
transformation in accounting

3.Approach used

Sampling

Qualitative approach study

4.Data source

568 accountants

Multiple case studies

5. Data analysis

SPSS

Individual

6.Findings

The results show that the
COVID-19 changes
negatively affected
accountant’s behavior.

Although digital
transformation is at the
beginning stages in
Portuguese accounting
services SMEs, in terms of

1.The broad area of the
paper

2.The topic

The Future of Accounting:
How Will Digital
T...


Anonymous
I use Studypool every time I need help studying, and it never disappoints.

Studypool
4.7
Indeed
4.5
Sitejabber
4.4

Similar Content

Related Tags