Consider why earnings management is considered important by many managers and management teams. Discuss why this might be the case.
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- Is there a way to prevent managers from focusing on accounting measures as performance measures?Managerial accounting produces information: to meet the needs of external users that is often focused on the future to meet the needs of investors that follows the rules of GAAPEvaluate earnings management from a utilitarian perspective. Can earnings management be an ethical practice? Discuss why or why not.
- Describe earnings quality and how it is impacted by management practices to alter reported earnings.1) Using earning management concept, discuss why the timing of recognising events that impact income, revenue or profit or expenses are important for managers?Managerial accounting adds value to the organization through provides managers with financial information only. Select one: O True O False
- give an example of profit measurement in managerial accounting that fulfill a situationManagers often need to make decisions based on accountancy information. Do they do so in the best way possible?What exactly is management accounting, in your own words? What is the significance of management accounting, in your own words, and why?
- In your own words what is management accounting? In your own words what the importance of management accounting?How does customer Satisfaction relate to management accounting? Give a practical example.Explain the characteristics of contingency theory of management accounting. What are some of the criticisms of contingency theory? Do you believe that contingency theory has made adequate contribution to management accounting? Explain in detail.