Corporate Earnings
When does earnings management become earnings manipulation, and when does earnings manipulation become outright misrepresentation? This is an important question.
When does earnings management become earnings manipulation, and when does earnings manipulation become outright misrepresentation? This is an important question.
Having improved financial performance justifies compensation, but what happens to the compensation after a restatement?
Compensation options are a cost to the firm and need to be expensed if financial statements are to reflect the true value of the firm.