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(the subject is financial statement analysis) Financial statement analysis can be affected and limited by the quality of accounting information. Please outline four reasons for
(the subject is financial statement analysis)
Financial statement analysis can be affected and limited by the quality of accounting information. Please outline four reasons for why a company's management might want to deliberately distort their earnings figures. Explain how different estimates and judgements could lead to earnings manipulation, illustrating your answer with examples. Discuss the four factors a user of financial statements may look for when identifying whether earnings management may be taking place. (Total 20 marks) Step by Step Solution
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