1. Memo on "Earnings Management" Abuse Article
To meet these objectives, financial statements are ideally expected to present fairly, clearly, and completely the economic facts of the existence and operations of the enterprise. ... They must clearly realize that financial statements are the responsibility of the company's management. ... Management who always concerned about the stock price can lose long-term vision of the company and may try to manipulate numbers to make its performance look better than real. ...
- Word Count: 514
- Approx Pages: 2
- Has Bibliography
- Grade Level: Undergraduate