盈余管理的时间跟误区资料.pptVIP

Earnings Management:Practice and Pitfalls Philip Livingston President and CEO Financial Executives International What is Earnings Management? The process of establishingstakeholder expectations and achieving the result through legitimate and/or illegitimate methods Why Are We Talking About It? Illegitimate methods CLOUD financial reporting transparency Contrary to unbiased reporting Result is low quality earnings even if the target is reached. U.S. capital markets placed a premium on predictability SEC action in 1998 Legitimate Earnings Management Planning discretionary spending Mar