Detecting earnings management

"So much for the notion 'those who can, do-those who can't, teach.' Mulford and Comiskey function successfully both as college professors and real-world financial mercenaries. These guys know their balance sheets. The Financial Numbers Game should serve as a survival manual for both serious individual investors and industry pros who study and act upon the interpretation of financial statements. This unique blend of battle-earned scholarship and quality writing is a must-read/must-have reference for serious financial statement analysis".

407p vimeyers 29-05-2024 8 2   Download

Lecture Class #8: Detecting earnings management. After studying this section will help you understand: Avoid violating contracts. Maximize bonus (managers). Avoid regulatory/government/union intervention. Avoid detection of managerial shirking.

9p huangminghao_1902 27-02-2022 14 1   Download

This article tries to explore earnings management of Taiwanese banking industry. It adjusts the Shen (2008) Model to measure loan loss provision earnings management of banks, and following Jones Model (1991) and Dechow Model (1995) reclassifies non-discretionary and discretionary items to detect accrued earnings management of banks. The empirical results show that banks downward earnings are different to pre-reclassifying discretionary earnings management, and banks employ loan loss provision earnings management upward earnings.

13p trinhthamhodang2 21-01-2020 11 0   Download

Using a sample of firms that restated earnings, this study seeks to evaluate the performance of alternative discretionary accrual models along two dimensions: earnings management detection and accuracy (the ability to accurately estimate the magnitude of managed earnings).

21p vimadrid2711 18-12-2019 16 1   Download

This paper examines earnings management detection among Vietnamese companies listed on the Hochiminh Stock Exchange (HOSE) by using the Beneish M-score model for a sample of 229 non-financial Vietnamese companies listed on the HOSE during 2013-2014.

10p hieutinhcotu 19-06-2017 66 1   Download

The Power of Accounting: What the Numbers Mean and How to Use Them provides a highly readable text for non-financial managers. It explores accounting’s uses and limitations in the management process. The text is intended for users of accounting information as opposed to preparers. It focuses on aiding the reader in understanding what accounting numbers mean, what they do not mean, when and how they can be used for decision making and planning and when they cannot. Larry Lewis is a Professor of Accounting at the University of Portland’s Pamplin School of Business, USA.

260p finder_tam 22-07-2013 85 17   Download

In spite of the acceptance, in principle, that the task of management is to maximise returns for shareholders, most companies and fund managers still have not adopted value-based management. Accounting earnings rather than cash flows still form the basis for evaluating performance and valuing businesses. The financial press and analysts’ reports consistently focus on short-term earnings, earnings per share and price earnings ratios.

60p lenh_hoi_xung 21-02-2013 38 6   Download

April Klein finds a negative relation between audit committee independence and earnings management. 10 This finding is consistent with the idea that a lack of independence impairs the ability of boards and audit committees to monitor management. On the other hand, audit committees of corporate boards are typically not very active. They usually meet just a few (two or three) times a year.

456p bin_pham 06-02-2013 82 19   Download

Moreover, earnings management proxies should be particularly responsive to the use of discretion and firms’ reporting incentives, making our tests more powerful. Finally, we can draw on prior research in constructing several measures of earnings management (e.g., Healy and Wahlen, 1999; Dechow and Skinner, 2000). Following Leuz et al. (2003), we compute four different proxies capturing a wide range of earnings management activities: i.e.

0p bin_pham 06-02-2013 68 5   Download

Your income after law school is an important factor in determining what constitutes manageable payments on your education loans. Although it may be difficult to predict what kind of job you will get (or want) after law school, or exactly what kind of salary you will receive, it is important that you make some assessment of your goals for the purpose of sound debt management. The money you borrow will be paid out of your future earnings and may have a significant effect on that lifestyle.

7p doipassword 01-02-2013 40 3   Download