Problems in Search of Solutions Through Research.

This article focuses on the evolutionary processes of research and its implications to the accounting profession. The author states that there are many kinds of research including basic research, which seeks to develop knowledge without any immediate use in mind, applied research, which seeks solutions to particular problems, and codification, which encompasses organization, interpretation and retrieval of knowledge. He suggests that without research no group can be truly professional. He believes that the group can be licensed, it can discipline its members, it can develop a body of specialized knowledge, but will still not be professional without research.