Tag: earnings management

Studies examine external factors that may affect accounting integrity

Are there external factors that might lead companies to fail to protect the integrity of their financial statements, to put it euphemistically? Some recent articles in CFO.com discuss studies that posit various theories.

Study shows financial restatements are “handbooks of trickery” for copycat peer companies

by Cydney Posner No, it’s not from The Onion.  According to a study reported in CFO.com,  unless the restating company faces regulatory action or shareholder litigation, the company’s competitors may use its financial restatement as a how-to guide.  The study found that, instead of driving peer companies to examine their […]