Accounting research paper - any (advanced) topic - but easy as possible!

Hey everyone,
Noob here. I'm an accounting major. Taking my junior writing proficiency class. Did well on my first 2 papers (Got "A's" on both - woohoo!). Anyways, I have to write one more research paper to pass the class. This time, the prof. is making us pick our own topic.

One catch: the class is majorly dry! Did I say dry? I'm mean MAJORLY dry! Basically the class is a senior level class geared towards GAAP rules and regs. FASB this, AICPA that... bla, bla, bla... The class is what most students would call a real "snoozer" It could even be almost a graduate studies level class - very advanced.

So, the last paper can't be about basic stuff like "what is accounting" or, the "purpose of accounting" and the like. Nope!

For example the previous assigned paper was about "mutually exclusive interest rate divergence, and how to determine the proper interest rates to use for calculating interest on financial instruments and securities, and when are they mutually exclusive?"

That paper made me "brain dead" - if you get my drift! I'm still reeling from from it - and I turned it in a week ago!

So, I want a good topic for the last paper, but not something "too hard" - like the previous one.

Any suggestions appreciated.

Good afternoon :)

What about doing a piece on IRC Sec. 651; trusts? I wrote a piece on that not too far back, and something along those lines might work. You could discuss it's pros and cons, when it would come in handy and how to get around its loopholes; maybe even create your own fictitious example.
Or, what about auditing? There are usually all kinds of news articles about audits of large companies and you could use one for the basis of your paper.
What about managerial accounting and methods such as the specific identification method or the average-cost or weighted-average-cost method; you could create a fictitious business and then walk through the ins and outs of the different methods, creating fake books and scenarios for your company.
Then, there's always the study death-tax issues. Always dependable :)

Best of luck!

Regards,
Gloria
Moderator, EssayForum.com