College of Business and Finance
Directorate of MBA programs Guidelines for Writing Research Proposals Below are some points to consider for your research proposal:

Step 1: Exploratory research on International Accounting Standard NO 7 “Cash Flow “Adaptation in Bahrain Bourse
Step 2: This paper examines the adoption of the International Accounting Standard No 7 (IAS 7) “Cash Flow Statements (CFS)” of the International Accounting Standards
Board (IASB) by the listed companies in the Bahrain Bourse: The purpose of this study is to provide brief information about the history and background of the adoption or harmonization of the global financial reporting
standards, to explore the degree of homogeneity in choosing among different options permitted by the IAS 7 and the degree of compliance with it. In order to achieve
this purpose, an exploratory study was developed and conducted by analyzing financial statements From Bahrain Bourse.  In order to create harmonized, comparable, transparent and consistent information, accounting bodies have started promoting International Financial Reporting
Standards (IFRSs) to be used globally. This is due to the globalization of financial markets where there is a need to reduce information asymmetry, and enable
investors to compare the performance of organizations regardless of what countries they operate in(Latifahetal.,2012;Al Sartawi,2016). After the global financial
scandals, particularly, the financial scandals of 2001 and the financial crisis of 2008, governments, audit firms, and regulatory bodies began taking steps towards
improving their corporate governance structure (Mousa&Desoky,2012; Al-Sartawi&Hamdan,2013). Additionally, potential and current investors have started demanding timely
and transparent information.
The adoption of IASB standards by many countries (EU Regulation 1606/2002, art I) has aimed to harmonize financial information to enhance the degree of transparency
and comparability of financial statements, and hence ensure an efficient functioning of the financial markets. This goal might be impaired by certain factors (Street
and Larson, 2004; Callao, Jarne and Lainez, 2007). One can argue that large use of options permitted by the IASB Standards might be good example of those. These
options will impair the comparability of companies’ financial statements. Another factor might be noncompliance that would be impairing the comparability (Glaum and
Street, 2003; Street and Gray, 2002; Street, Gray and Bryant, 1999), and also misleading financial information users expecting to receive financial information
prepared in compliance with the IFRSs. This study is concentrated on IAS 7 since the use of cash flow statements has increased significantly in recent years.The paper is organized as follows, after providing brief information about the history and background of the adoption or harmonization of the global financial
reporting standards, the adoption of the International Accounting Standard No 7 (IAS 7) “Cash Flow Statements (CFS) of the International Accounting Standards Board
(IASB) by the listed companies in Bahrain Bourse will be examined through an exploratory study developed. The exploratory study developed and conducted, in order to
find out the degree of homogeneity in choosing among different options permitted by the IAS 7 and to analyze the degree of compliance with it. Cash Flow Statements of
companies studied examined from the year of 2014 to 2016 in order to figure out whether there is a change in companies’ preferences among the options permitted by IAS
7 and change in the degree of compliance with it while preparing their financial statements.
Step 3: Research objectives: – The purpose of the study was aimed to realize how the companies listed in the Bahrain Bourse adopted the IAS 7 Cash Flow Statements and whether the companies listed
have complied with the benchmarks and/or recommendations given in the IAS 7. For this purpose, certain questions were raised from the statements given in the IAS 7
related to the classification and submission of the items about financial matters such as interest paid, interest and dividends received, dividends paid. In addition
to those questions, it is also tested whether the reporting companies have been following the direct method recommended for the measurement and reporting of operating
companies or not. We explored the cash flow statements of chosen listed companies for three years from the year of 2014 to 2016 to find out whether there is a change
in the degree of homogeneity choosing among options permitted by IAS 7 on the related topics.
1- To determine the level of compliance of IAS-7 by companies listed in Bahrain Bourse.2- Have all companies listed in the Bahrain Bourse used the “direct method” for reporting of their “cash flows from operating activities”?3-
Step 4: Research questions or hypotheses: – Research questions (no more than two) – Hypotheses (no more than two)
Step 5: Methodology1- The sample of the study included 45 companies listed in Bahrain Bourse.2- Questioner will be raised from the standard given by IAS 7 related to interest, dividend and direct method. 3- Test the level of compliance by sector and try to find a relation between them.

Step 6: Resources 1- AnnualReportsofcompanieslistedontheBahrainBoursefortheyearended2014, 2015 and 2016.2- Officialwebsitesofthelistedcompanies.3- The Commercial Companies Law – Ministry of Industry and Commerce of the Kingdom of BahrainArticle 219 of the Commercial Companies Law of the Kingdom of
Bahrain(Decree Law No 21 of 2001) requires that the auditor’s report state:“Whether the balance sheet and the profit and loss account are conforming to the facts, and
are prepared according to the international accounting standards or to the standards approved by the competent authority; andwhether they include all what is provided
for in the law and in the company’s articles of association and honestly and clearly reflect the actual financial position of the company.”Link to Commercial CompaniesLaw: http://www.wipo.int/wipolex/en/text.jsp?file_id=1904434- IAS 7 Statement of Cash Flows.5- Literature and journals.

Step 7: References – Must be written carefully using APA Referencing System

Step 8: Formatting – Ahlia University has specific guidelines for completing projects/dissertations – Students are requested to obtain copy of the guidelines – Students should follow Ahlia’s Guidelines (xxx 595 & xxx 599) from A-Z, check Ahlia Website (Ahlia Guidelines) *** * Words limit: Proposal should not exceed 2000 words * Notes: The Wikipedia website must not be referenced in your work