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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 1025 |
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Grace, a premier global specialty chemicals and materials company used that technique and caught by SEC in December 1998. SEC says that the company was stashing the profits to declare them in future years.
? "Immaterial" Misapplications of Accounting Principles technique: In that technique, errors within a defined percentage ceiling are recorded saying that is not material...
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Leslie Fay Companies, a women's apparel firm used that method and caught by SEC in 1993. The company was pre-billing its sales.
4. What recommendations does Levitt propose to address the problems created by earnings management?
Levitt proposed some recommendations to address the problems created by earnings management...
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