Similarities and differences between action research and audit Essay

Similarities and differences between action research and take stock - Essay ExampleConcerning functions and applications, they hurt their distinct objectives, techniques and responsibilities.An interesting fact concerning these two disciplines is that action research of analyse improves auditing, and auditing of action research helps to remove the dross and improve the prime(a) of the research. (CAFWAA).From immemorial times monarchs and other rulers have rewarded groups and individuals for research and development purposes. The wise rulers and elders possessed the gracious disposition which caused them to provide rewards and incentives to encourage discoveries, inventions, and improvements for the betterment of gentle life and society.Men and women convinced in the belief that there were better ways of doing things immersed themselves in understanding systems and theories, and attach nature and elements to refine methods and structures. They zealously pursued their goals, at times against heavy odds, bequeathing their posterity a abounding legacy of healthier and happier living conditions. (Action Research).Action Research is based on clear vision, mission and guiding principles pursuance to reveal the truth about any subject, thesis or situation. It also undertakes tasks of finding ways and nub on improving existing systems and methodologies. It does so by meticulously going through existing systems and technologies, scrutinizing their efficacy, relevancy and alternatives, and conducting experiments with stark naked hypotheses and integrations. (What is Action Research) scrutinise take stock is the statutory study, scrutiny and verification of financial statements and management systems kept up(p) by institutions, corporations and individuals. It provides the status and track record of the entity as required by law for general learning or specific purposes like diversifications and investment strategies. Audit is done internally and by external p rofessionals. (Audit, assign Suisse).Audit helps to shape and reshape policies and procedures and improve efficiency and output. It refurbishes the entire organization to provide better quality and services. (Acacia Research Corporation).Auditing is passing responsible and demanding task. It is also time consuming and meticulous. It is a teamwork pursuance endowed with highly skilled technical expertise and adept at critical evaluations of diverse disciplines. It follows the highest order of professional and statutory standards and ethics. (Audit).Similarities between Action Research and AuditOne ostentatious similarity between action research and audit is that both rely on data and facts to serve their aims and objectives. They base their conclusions on fundamental principles and ponderous judgment. They source their data and methodologies from well-established, credible sources only. Their similarities also match in the highly professional and all-pervasive approach to their e mpyrean of activities. Action research is based on examination and improvement wherever possible of relevant, well-documented data and facts. Audit is based on the examination of financial statements made up of facts and figures, and their certification and approval along with suggestions for improvements and rectifications. two action research and auditing is done by experienced, well-qualified, and highly skilled professionals. (Catherine Wylie).Differences between Action Research and AuditAction research is an age old phenomena which has existed for a very long time. Audit is comparatively new and came