How are balance sheet quality and earnings quality related Provide a specific example of a management judgment, estimate, or choice that could decrease both balance sheet and earnings quality Be specific as to how the judgment decreased quality in each of the two financial statements Give a differe...

Balance sheet and earnings quality are related by financial statement articulation The income statem ...

How are balance sheet quality and earnings quality related? Provide a specific example of a management judgment,

Question:

How are quality and earnings quality related? Provide a specific example of a management judgment, estimate, or choice that could decrease both and earnings quality. Be specific as to how the judgment decreased quality in each of the two financial statements. Give a different example of how a management judgment, estimate, or choice could increase quality, but potentially impair earnings quality?
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...