An article published in Accounting Horizons describes various techniques that companies use to manage their earnings. Read the attached article, and post a response addressing the following questions. (article: How are earnings managed? examples from auditors mark w. nelson, John A Elliot, and Robin L Tarpley)

What are the four most common revenue-recognition abuses identified by auditors in that article? From the examples provided in the article, briefly explain each abuse.

What is the revenue-recognition abuse identified in the article related to the percentage-of-completion method?

Did revenue-recognition abuses tend to increase or decrease net income in the year they occurred?

Did auditors tend to require their clients to make adjustments that reduced the revenue-recognition abuses they detected?

What was one thing that surprised you from this article?