Detecting earnings management
Article Abstract:
The ability of five alternative accrual-based models to detect earnings management is examined. The specification and power of ordinary test statistics are compared across the measures of discretionary accruals formulated by the Healy Model, the DeAngelo Model, the Jones Model, the Modified Jones Model and the Industry Model. Results indicate that these models seem to generate well specified tests when applied to a random sample of event-years, but the power of these tests is low for earnings management of economically probable magnitudes. The models are also found to generate misspecified tests when applied to firm-years experiencing extreme financial performance. The major implications of these results on earnings management are discussed.
Publication Name: Accounting Review
Subject: Business, general
ISSN: 0001-4826
Year: 1995
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Plumbing & heating
Article Abstract:
A list of plumbing and heating products and the companies that manufacture them is presented. The list includes products such as electronic air cleaners, chimney cleaning supplies, room dehumidifiers, faucet attachments, gas heaters, plumbers' putty and water conditioner supplies.
Publication Name: Home Improvement Market
Subject: Home and garden
ISSN: 0162-5896
Year: 1997
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In on outsourcing
Article Abstract:
Robert Boyd, vice president of corporate real estate agency Advantis Real Estate Services Co., is one of the industry's top performing agents.
Publication Name: Realtor Magazine
Subject: Real estate industry
ISSN: 1522-0842
Year: 1999
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