Macro and Micro Earnings Manipulation: The Role of Accounting Standard Setting Process
GSTF Journal on Business Review
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Title |
Macro and Micro Earnings Manipulation: The Role of Accounting Standard Setting Process
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Creator |
Elbayoumi, Ahmed F.
Awadallah, Emad A. |
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Description |
Preparers of financial statements are in a position to influence the view of economic reality presented in those statements to interested parties. The term 'macromanipulation' is used to describe the lobbying of preparers against regulators (accounting standards setters) to persuade them to produce regulation that is more favorable to the interests of preparers. The aime of this paper is to introduce a suggested tool that could be used to ascertain why some financial accounting standards turn out to the benefit of one of the stakeholders involved in the process of accounting standards setting. This paper utilizes the construct of power to reveal the influences from parties involved in the process of accounting standards setting. The comprehensive income reporting standard is used in this paper as an example of these types of standard that may involve 'macro-manipulation'
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Publisher |
GSTF Journal on Business Review (GBR)
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Date |
2017-12-08
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://dl6.globalstf.org/index.php/gbr/article/view/647
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Source |
GSTF Journal on Business Review (GBR); Vol 2 No 2 (2012): Journal on Business Review (GBR)
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Language |
eng
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Relation |
http://dl6.globalstf.org/index.php/gbr/article/view/647/592
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Rights |
Copyright (c) 2017 GSTF Journal on Business Review (GBR)
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