Download or read book Smoothing Income Numbers written by Joshua Ronen and published by Addison Wesley Publishing Company. This book was released on 1981-01-01 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Empirical Test of Smoothing Income Numbers written by Wai-kwong Chung and published by . This book was released on 1989 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book New Perspectives of Profit Smoothing written by Domitilla Magni and published by Springer. This book was released on 2019-07-23 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a first approximation, profit may seem like a simple and intuitive concept, but the definition is not limited to a single conceptual category. Analysis of the definition and role of profit must be implemented with a study at the corporate level. This book discusses the phenomenon of profit smoothing, implemented by management, which aims to maintain a constant flow of profit over time. On an operational level, the phenomenon of profit smoothing analyses and determines the correlation existing between a shock to a variable at the corporate level and the relationship between this shock and profit. This book discusses the main reasons, at the strategic level, of the phenomenon of profit smoothing and summarizes this into three groups. Firstly, the functionality of this phenomenon for corporate management is to transmit to the external environment, and especially to external investors, a business reality devoid of crisis and imbalances. Secondly, this initial motivation engages basically the second. In fact, levelling the trend of profit from year to year, top management can reduce the risk perceived from the outsiders and as from the company’s insiders. Thirdly, this justification is related to the stability of the flow of dividends. Profit smoothing places great emphasis on the phenomenon of dividends. It should be note how in fact the profit smoothing is used to keep the expectations of shareholders profit from one period to another. This book is focused on the profit smoothing and, in particular, how this phenomenon is established in developing-economies like the Chinese one, and will be of interest to academics, researchers, and students of corporate finance.
Download or read book Earnings Measurement Determination Management and Usefulness written by Ahmed Riahi-Belkaoui and published by Bloomsbury Publishing USA. This book was released on 1999-11-30 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Riahi-Belkaoui examines the crucial issues involved in the determination and uses of earnings as a measure of financial performance. He points out that the nature and measurement of earnings are subject to various interpretations, that determination of earnings follows determination of net value added, and that earnings is subject to management manipulation (earnings can be smoothed, for example.) A succinct, penetrating, illuminating treatment of earnings in general as well as its particulars, the book will be especially useful to upper management and accounting professionals, and to their colleagues in the academic community. Riahi-Belkaoui argues that the interest in earnings and its related issues of measurement, determination, management, and usefulness stems from three factors: 1) the crucial importance of earnings as the shareholders' share of the corporation's wealth; 2) the reliance of investors and users on earnings and the transformation of earnings for resource allocation decision making; and 3), the direct association between the efficiency of the capital markets and timely provision of earnings data. Each chapter identifies the nature of the issues surrounding the concept of earnings and presents empirical evidence that can be used to make enlightened corporate decisions or to aid in the development of public policy.
Download or read book Income Smoothing and Nonrecurring Items written by Zheng Xie and published by . This book was released on 2000 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bookkeeping All in One For Dummies written by Lita Epstein and published by John Wiley & Sons. This book was released on 2019-07-25 with total page 726 pages. Available in PDF, EPUB and Kindle. Book excerpt: Manage the art of bookkeeping Do you need to get up and running on bookkeeping basics and the latest tools and technology used in the field? You've come to the right place! Bookkeeping All-In-One For Dummies is your go-to guide for all things bookkeeping. Bringing you accessible information on the new technologies and programs, it cuts through confusing jargon and gives you friendly instruction you can use right away. Inside, you’ll learn how to keep track of transactions, unravel up-to-date tax information, recognize your assets, and so much more. Covers all the new techniques and programs in the bookkeeping field Shows you how to manage assets and liabilities Explains how to track business transactions accurately with ledgers and journals Helps you make sense of accounting and bookkeeping basics Get all the info you need to jumpstart your career as a bookkeeper!
Download or read book Income smoothing written by Eugene A. Imhoff and published by . This book was released on 1979 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bookkeeping All In One For Dummies written by Consumer Dummies and published by John Wiley & Sons. This book was released on 2015-08-31 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: Your one-stop guide to mastering the art of bookkeeping Do you need to get up and running on bookkeeping basics and the latest tools and technology used in the field? You've come to the right place! Bookkeeping All-In-One For Dummies is your go-to guide for all things bookkeeping, covering everything from learning to keep track of transactions, unraveling up-to-date tax information recognizing your assets, and wrapping up your quarter or your year. Bringing you accessible information on the new technologies and programs that develop with the art of bookkeeping, it cuts through confusing jargon and gives you friendly instruction you can put to use right away. Covers all of the new techniques and programs in the bookkeeping field Shows you how to manage assets and liabilities Explains how to track business transactions accurately with ledgers and journals Helps you make sense of accounting and bookkeeping basics If you're just starting out in bookkeeping or an experienced bookkeeper looking to brush up on your skills, Bookkeeping All-In-One For Dummies is the only resource you'll need.
Download or read book Accounting For Dummies written by John A. Tracy and published by John Wiley & Sons. This book was released on 2011-04-08 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: Learn the basics of practical accounting easily and painlessly with Accounting For Dummies, 4th Edition, which features new information on accounting methods and standards to keep you up to date. With this guide, you can avoid accounting fraud, minimize confusion, maximize profits, and make sense of accounting basics with this plain-English guide to your accountant’s language. Understand how to manage inventory, report income and expenses for public or private companies, evaluate profit margins, analyze business strengths and weaknesses, and manage budgets for a better bottom line.
Download or read book Income Smoothing written by Hyunghwan Joo and published by . This book was released on 1991 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis adopts an informational perspective to explain why managers with private information engage in income smoothing and to provide new insights into income smoothing. In particular, this study extends the existing income smoothing literature by highlighting informational properties of income smoothing. Using comparative statics, this thesis also investigates the effect of a firm's underlying characteristics on the reporting strategy of the manager and develops testable implications of the model. A two-period agency model is developed in which initially, managerial ability is unknown to both shareholders and the manager but is known solely to the manager at the end of the first period. The implications of this model are manifold. First, in contrast to the traditional view, income smoothing serves a beneficial role by providing managers with a means to reveal their private information. Smoothed income has incremental information content over non-smoothed income given that smoothed income reveals the manager's private information about his ability (expected future cash flows). Income smoothing thus increases the informativeness of earnings; it represents an information transmission mechanism through which information about managerial ability (expected future cash flows) is channeled to the shareholders. Second, while all types of managers engage in income smoothing, the extent to which a manager smooths reported income varies, depending upon his expectation about a firm's future cash flows. This contrasts with the casual empiricism that only bad (low-quality) managers (firms) smooth their firm's income. The incentives for smoothing further depend upon the manager's ability, realized cash flows, the manager's attitude toward risk, intertemporal volatility of firm cash flows, and the risk attached to the firm's assets-in-place. Finally, a compensation contract based on accrual accounting Pareto-dominates a cash-basis contract. The contract based on the accrual accounting system provides for better risk sharing.
Download or read book Speculative Management written by Dan Krier and published by SUNY Press. This book was released on 2005-03-17 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Argues that recent initiatives by industrial management were directed more toward short-term gains than improving efficiency.
Download or read book Line Item Analysis of Earnings Quality written by Melumad Nahum and published by Now Publishers Inc. This book was released on 2009 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: Line-Item Analysis of Earnings Quality provides a comprehensive summary and analysis of the specific earnings quality issues pertaining to key line item components of the financial statements. After providing an overview of earnings quality and earnings management, Line-Item Analysis of Earnings Quality analyzes key line items from the financial statements. For each key line item, the authors: review accounting principles; discuss implications for earnings quality; evaluate the susceptibility of the item to manipulation; describe analyses and red flags which may inform on the item's quality. Line-Item Analysis of Earnings Quality will prove useful in conducting fundamental and contextual analyses through its analysis and evaluations.
Download or read book Income Smoothing written by M. N. Hoogendoorn and published by . This book was released on 1985 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Modeling and Simulation in Engineering Economics and Management written by Raúl León and published by Springer. This book was released on 2016-06-25 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains the refereed proceedings of the International Conference on Modeling and Simulation in Engineering, Economics and Management, MS 2016, held in Teruel, Spain, in July 2016. The event was co-organized by the AMSE Association and the University of Zaragoza through the GESES Research Group, with the support of the SoGReS-MF Research Group from University Jaume I. This edition of the conference paid special attention to modeling and simulation in diverse fields of business management. The 20 papers in this book were carefully reviewed and selected from 52 submissions. They are organized in topical sections on modeling and simulation in finance and accounting; modeling and simulation in business management and economy; and engineering and other general applications. /div
Download or read book National Supervision and Income Smoothing in Banks Annual Reports written by Costanza Di Fabio and published by Springer Nature. This book was released on 2021-05-17 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the debated relationship between the characteristics of national supervision and manipulative practices in banks’ annual reports, with a specific focus on income smoothing. The issue is quite challenging as, since the 2008 financial crisis, governmental bodies and regulators have stressed the crucial role of supervision for bank transparency purposes, but the effect of supervision on accounting manipulation is still discussed. Focusing on European banks, the book investigates whether the characteristics of national supervision affect bank propensity to smooth income, also considering the potential role of bank business models. By exploring a broad range of national supervision’s characteristics, the book presents a comprehensive view on the influence of country-level institutional settings on a form of earnings management widely used across the banking industry.
Download or read book Earnings Management written by Joshua Ronen and published by Springer Science & Business Media. This book was released on 2008-08-06 with total page 587 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a study of earnings management, aimed at scholars and professionals in accounting, finance, economics, and law. The authors address research questions including: Why are earnings so important that firms feel compelled to manipulate them? What set of circumstances will induce earnings management? How will the interaction among management, boards of directors, investors, employees, suppliers, customers and regulators affect earnings management? How to design empirical research addressing earnings management? What are the limitations and strengths of current empirical models?
Download or read book Income Smoothing Criteria written by Eugene A. Imhoff and published by . This book was released on 1977 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
