Earnings management- updated 8/25/08
Links:
double entry journal - earnings management
J. Edward Ketz Debunking the Supposed Link Between Rules and Accounting Scandals (Smartpros2, 2006
Op/Ed
Fox, Justin. A Startling Notion - The Whole Truth, Fortune, Nov. 24, 1997
- SEC: Final Rule: Selective Disclosure and Insider Trading (August 10, 2000) and:
- SEC: Special Study: Regulation Fair Disclosure Revisited (December 2001)
See how it's done:
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..: Fox, J. "Learn to Play the Earnings Game (and Wall Street Will Love You)". Fortune (March 31, 1997)
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The following article argues that GAAP is "out of touch". What do you think? Fox, Justin. "The glamorous world of accounting standards: Searching for nonfiction in financial statements ". Fortune (12/23,1996)
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Earnings Hocus Pocus (Business Week, October 5, 1998, pp. 134-142)
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Presto Chango! Sales are Huge! Jeremy Kahn Reporter Associate Feliciano Garcia http://nrstg2p.djnr.com 03/20/2000 Fortune Magazine Time Inc. Page 90+ (Copyright 2000
- The Changing Accounting Regulatory Landscape (AICPA webpage)
- Sweeney, Paul Accounting Fraud: Learning from the Wrongs (FEI September/October 2000)
The SEC and the Funny Companies
- "THE NUMBERS GAME" a speech by SEC Chairman Levitt: http://www.sec.gov/news/speeches/spch220.txt and a press release by the AICPA in response to the speech - sorry, the speech (press release) link does not work anymore. Try the AICP web site and see if you can find it. also:
- Remarks by Lynn Turner: Towards Higher Values in Financial Reporting, Chief Accountant, U.S. Securities and Exchange Commission At the Financial Executives Institute 1998 Annual Conference, October 22, 1998: http://www.sec.gov/news/speech/speecharchive/1998/spch231.htm
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Behind the Numbers of the SEC's Recent Financial Fraud Cases: Richard H. Walker, Director, Division of Enforcement, U.S. Securities & Exchange Commission. (http://www.sec.gov/news/speech/speecharchive/1999/spch334.htm) 27th Annual National AICPA Conference on Current SEC Developments, December 7, 1999.
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Earth to Dot.Coms (on Microstrategy)
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The Right Way to Recognize Revenue: Phillips, T.J.Jr, Luehlfing, M.S, Daily, C.M. Journal of Accountancy, June 2001, p. 39 - 46
- SAB 101 and frequently asked questions about SAB 101 and more detail from the SEC on related issues: Current Accounting and Disclosure Issues (SEC Staff, 5/25/2001) and The Times, They Are a-Changing, Lynn Turner, SEC Chief Accountant, (5/18/2001
Contact Information
Email: heidemarie.lundblad@csun.edu - Notice: I do not read or answer email from unidentified sources.
Department of Accounting Office: Juniper Hall JH3123
Department Telephone Number: (818) 677-2461