Question 3 a. Using insights from positive accounting theory, identify potential management motivations for earnings management and evaluate the evidence for their impact on earnings reported in financial statements. (25 marks) b. Critically examine the role of fair values accounting in the context of the recent financial crisis. (25 marks) Question 3 a. Using insights from positive accounting theory, identify potential management motivations for earnings management and evaluate the evidence for their impact on earnings reported in financial statements. (25 marks) b. Critically examine the role of fair values accounting in the context of the recent financial crisis. (25 marks)