Teaching Note on How the Earnings Management Teaching Module Can Be Taught Teaching Aims of the Module The Earnings Management Teaching Module is designed to help faculty teach how companies might manipulate earnings to maximize revenues‚ minimize expenses‚ and/or create reserves by setting aside some earnings in the current period that can be released into income at a later period. The result is to overstate earnings and mislead shareholders and creditors about the success of the company
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1. Outline the history and development of the medical‚ social and psycho-social models of disability Medical: The medical model defines a disability as something that is physically ‘wrong’ with a person’s body. This could be an illness or acquired damage to the body in an accident for example. The medical model views the human body as something which can be fixed or repaired if there is a problem with it. The medical model of disability was started around the early 19th century‚ when physicians
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NTT DoCoMo i-mode: Value innovation ASSIGNMENT -1: Business Models Q1) How would you assess the attractiveness of the telecom industry in Japan at the time of launch of i-mode services? What would you conclude from the Industrial forces analysis? The attractiveness of the wireless telecom industry at the time of the launch of the i-mode services can be gauged by analyzing the industry forces at that time. The important forces active at the time and their analysis is as shown below: . Threat
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The year Ford’s mother died‚ Henry Ford
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Overview of Quality of Earnings - Some Guiding Principles/Framework The issue of earnings quality arises because of the cost/benefit trade off between cash accounting and accrual accounting. For our purposes‚ we want reported earnings to do two things: 1) to accurately represent current operating performance 2) to aid in accurately forecasting future operating performance These requirements for high-quality earnings mean that the reported earnings amounts for a particular period
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parts of a business. Accounting information help investors predict the cash flows of the company and help them estimate their risk in investing in them. Shareholders of a company have a right to demand information about the financial stability of the company and managers satisfy this requirement with accounting information and reports (Ronen and Yaari 7). Earnings management has been a very controversial topic among business enterprises. In the accounting world‚ earnings management is increasing becoming
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Project Earnings Manipulation: An Ethics Case Based on Agency Theory ABSTRACT: The impact of accounting information on ethical behavior has been extensively documented. Additionally‚ agency theory is a widely accepted behavioral perspective. Despite this‚ there is an absence of instructional material in the accounting education literature that ties ethical issues to an agency-theory context. The primary objective of this case is to highlight control system ethical issues using an agency-theory context
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The Toulmin Model of Argument (adapted from: http://schoolnet.org.za/twt/09/M9_argumentation.pdf) In his work on logic and argument‚ The Uses of Argument‚ Stephen Toulmin indicates three major‚ necessary parts of an argument‚ along with three additional‚ optional parts. The three major parts are the claim‚ the support‚ and the warrants. Claim: This is the disputable assertion for which a speaker argues. The claim may be directly stated or the claim may be implied. You can find the claim by asking
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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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ANALYSTS DOWNGRADE CBA EARNINGS FORECAST SUMMARY OF ARTICLE As earnings forecasts for Commonwealth were downgraded by analysts due to the slowly growing revenue and rising bad debts‚ shares in Commonwealth Bank were under pressure. The share price of Commonwealth suffered the largest loss and dropped by $1.27‚ or 3.5 percent‚ to $35.47. In addition‚ the stock price of Big Four banks reacted in the same way. National Australia Bank was down 54c to $21.18. The share price for Westpac decreased
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