Accounting Theory and Issue Innovative Method

Question: Describe about the Accounting Theory and Issue for Innovative Method. Answer: 1. The production of innovative feed fish has supported the company BSF Ltd to grow and capture current market demand. The waste materials are recycled and used in the process of manufacturing which is consider as the eco friendly production process. The word research is a method or technique which is operated in a systematic scientific manner. Unfairness, prejudices, and subjectivity should be strictly avoided in order to carry the research work in a systematic procedure. The procedure of the work based on research mainly involves the principles and the demonstrable equipment (R., 2016). The proper use of the instruments, equipment and the values provides the accurate results. So the scientific research must be conducted very systematically and with the correct techniques, equipment and procedures. The events and the techniques of the research to be made are very vital. Any misconduct or wrong follow up can prove the research to be a great disaster. Thus the research should be conducted in an appropriate and methodological manner so that the research can be proved to be logically correct. The step by logical step measures and the procedures are given by the practical and academic examples which are offered by the person or the i ndividual dealing with the research work (Sarker et al., 2016). The research also depicts the implementation of the idea that is experimented for the enhancement of the product and thereby the research study is considered by the organization BSF Ltd. Research and development are necessary path for the improvement and development of the manufacturing appearance and quality of the product and services. Thus, the development of the product lines and the improvement of the corporate experience are focused in BSF Ltd for the enhancement of the research. For the development of the research, the innovation procedure is followed by the organization (Chung, 2016). The research development process relies on the improvement of the research process carried out in the organization. The environments of the research are represented with creating a focus on the values and thereby the creation of the research seems to be depicted in this case study of BSF Ltd. The research and development process helps the company to build its reputation in the market as well as attracting more customers towards the company. The process provides a great opportunity in experimenting unique and innovative things (B. Rust, 2011). The difference created in this case study depicts the process and implementation steps which must be carried out with considering the views of the organization. It thereby also focuses on the enhancement of the corporation with mitigating the issues depicted during the research process continued in the organization. References Sarker, P., Kapuscinski, A., Lanois, A., Livesey, E., Bernhard, K. and Coley, M. (2016). Towards Sustainable Aquafeeds: Complete Substitution of Fish Oil with Marine Microalga Schizochytrium sp. Improves Growth and Fatty Acid Deposition in Juvenile Nile Tilapia (Oreochromis niloticus).PLOS ONE, 11(6), p.e0156684. R., L. (2016). [online] Available at: https://sciencenordic.com/fish-feed-research-may-helpreduce-world-hunger [Accessed 16 Sep. 2016]. Chung, E. (2016).'Greener' fish farming could lead to unhealthier seafood. [online] CBC News. Available at: https://www.cbc.ca/news/technology/aquaculture-feed-1.3262922 [Accessed 16 Sep. 2016]. Rust, M. (2011).The Future of Aquafeeds. [online] https://www.nmfs.noaa.gov/aquaculture/docs/feeds/the_future_of_aquafeeds_final.pdf. Available at: https://www.nmfs.noaa.gov/aquaculture/docs/feeds/the_future_of_aquafeeds_final.pdf [Accessed 16 Sep. 2016].