Constantly appearing under the spot lights‚ attending endless extravagant parties and feasts‚ famous film actors‚ singers‚ or sportsmen are absolutely celebrities of contemporary society who can earn a huge money that normal people cannot even imagine. Personally I cannot be convinced that this is justified. Nowadays‚ in most countries‚ it is not uncommon that these celebrities‚ or so called ’stars’‚ make an incredible money with very little effort. For instance‚ through an endorsement of certain
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ARTICLE REVIEW OF DO EARNINGS REPORTED UNDER IFRS TELL US MORE ABOUT FUTURE EARNINGS AND CASH FLOWS? AUTHORS: T.J. Atwood Accounting Department‚ College of Business‚ Florida State University‚ United States. Michael S. Drake Department of Accounting and MIS‚ Fisher College of Business‚ The Ohio State University‚ United States. James N. Myers and Linda A. Myers Department of Accounting‚ Sam M. Walton College of Business‚ University of Arkansas‚ United States. JOURNAL: Elsevier Journal of
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Identify the strengths and weaknesses of discretionary accruals models to identify earnings manipulation: Discretionary Accrual = non-obligatory expense (such as an anticipated bonus for management) that is yet to be realized but is recorded in the account books. Accrual Accounting = an accounting measure that measures the performance and position of a company by recognizing economic events regardless of when cash transactions occur. The general idea is that economic events are recognized
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757–787 Real and Accrual-Based Earnings Management in the Pre- and Post-Sarbanes-Oxley Periods Daniel A. Cohen New York University Aiyesha Dey University of Chicago Thomas Z. Lys Northwestern University ABSTRACT: We document that accrual-based earnings management increased steadily from 1987 until the passage of the Sarbanes-Oxley Act (SOX) in 2002‚ followed by a significant decline after the passage of SOX. Conversely‚ the level of real earnings management activities declined prior to SOX and
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its disadvantages. For example‚ if one of us got sick with the cold or the flu‚ it spread throughout the house like a wildfire. I watched those close to me get sick a countless number of times‚ and no matter what they did‚ the only thing that made them feel better was the medication. Earning a Doctor of Pharmacy Degree will be a step forward in my goal of completing a critical care residency. Patients
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Dell Inc. Fiscal Year 2012 First Quarter Earnings Conference Call May 17‚ 2011 OPERATOR: Good afternoon and welcome to the Dell Inc. First Quarter Fiscal Year 2012 Earnings Conference Call. I’d like to inform all participants that this call is being recorded at the request of Dell. This broadcast is the copyrighted property of Dell Inc. and a rebroadcast of this information in whole or part without the prior written permission of Dell Inc. is prohibited. As a reminder‚ Dell is also simulcasting
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SHC 4153 Accounting Theory and Practice Case Study The Earnings Game: Everyone Plays‚ Nobody Wins. Group member: Chong Li Yun | AH090043 | Ho Shuang Tien | AH090095 | Chua Huey Shieng | AH090053 | Lau Foong Seong | AH090126 | Aminah binti Nasaruddin | BH100002 | Lecturer: Dr. Aniza binti Othman INTRODUCTION It is all about the shares price. The shares market is so active and everybody wants to win in this game. In reality‚ nobody would want to become a loser. They try to
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How Earning A Degree Will Change My Life Earning a degree will change my life‚ and my children’s life in many ways. A degree would help us in this economic downturn. I have been working at Village Inn as a server for a year now‚ and while it pays the bills‚ there is no room to go on vacation‚ or go out to eat ourselves. There are no emergency funds set aside. Our economy may be getting better; however I do not believe I can get a head working at Village Inn. I will continue skating by‚ or
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Can institutional investors restrain earnings management activities in weak investor protection countries? The role of foreign and domestic institutional investors UGUR LEL* This draft: February 2013 Abstract This paper investigates the role that institutional investors play in restraining earnings management activities of firms under varying investor protection environments. Distinguishing between foreign and domestic institutional ownership in a sample of about 190‚000 firm-year observations
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changes within a short timeframe are called shocks. The research I propose will attempt to answer the question: What is the impact of changing oil prices on the macro economy of a country? Research has demonstrated oil price fluctuations do impact economies as well as supply of and demand for the commodity. This influence on macroeconomic activity generated symmetric movement between price and many macroeconomic indices in the 1970 ’s. However‚ after 1982‚ macroeconomic indices did not demonstrate
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