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Several theories have been suggested about the factors contributing to the management or "manipulation" of reported earnings.List and explain them.
AASB 139 Financial Instruments
A standard specifying the recognition and measurement of financial assets and financial liabilities.
Fair Value
The anticipated return from offloading an asset or the cost associated with handing off a liability, in a systematic engagement with market participants on the specified date of measurement.
Group Formation
The process by which companies come together to form a conglomerate, alliance, or any structured business entity with common objectives.
Potential Benefits
Possible advantages or improvements that may arise from a particular action, investment, or decision, often evaluated in the planning stages.
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