Detecting GAAP violation: Implications for assessing earnings management among firms with extreme financial performance

Journal of Accounting and Public Policy

Volumn 16, Issue 3, 1997, Pages 271-309

  Beneish, Messod D ^a  

^a INDIANA UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0031232095     PISSN: 02784254     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0278-4254(97)00023-9     Document Type: Article

References (30)

1. Beneish, M. D. 1994. Abstract of: The detection of earnings manipulation. In Collected Abstracts of the American Accounting Association Annual Meeting, August 10-13, 1994, New York, pp. 65-66.
2. Beneish, M. D. 1997. Incentives and penalties to earnings overstatement. Working paper, Indiana University.
3. Beneish, M. D. and Press, E. Apr. 1993. Costs of technical violation of accounting-based debt covenants. The Accounting Review 68(2):233-257.
4. Compact Disclosure 1987-1993. Bethesda, MD: Disclosure Incorporated.
5. Dechow, P. M., Sloan, R. G. and Sweeney, A. P. Apr. 1995. Detecting earnings management. The Accounting Review 70(2):193-225.
6. Dechow, P. M., Sloan, R. G. and Sweeney, A. P. Spring 1996. Causes and consequences of earnings management: An analysis of firms subject to enforcement actions by the SEC. Contemporary Accounting Research 13(1):1-36.
7. DeAngelo, E., DeAngelo, H. and Skinner, D. J. Jan. 1994. Accounting choices of troubled companies. Journal of Accounting and Economics 17(1/2):113-143.
8. Diacont, G. H. Feb. 2, 1995. Telephone conversation with author.
9. Dopuch, N., Holthausen, R. W. and Leftwich, R. W. June 1986. Abnormal stock returns associated with media disclosures of 'subject to' qualified audit opinions. Journal of Accounting and Economics 8(2):93-118.
10. Dopuch, N., Holthausen, R. W. and Leftwich, R. W. July 1987. Predicting audit qualifications with financial and market variables. The Accounting Review 62(3): 431-454.
11. Guay, W. A., Kothari, S. P. and Watts, R. L. 1996. A market-based evaluation of discretionary-accrual models. Journal of Accounting Research 34(Suppl.):83-105.
12. Federal Securities Law Reporter. Continually updated. Chicago, IL: Commerce Clearing House Inc.
13. Feltham, G. A., Hughes, J. S. and Simunic, D. A. Dec. 1991. Empirical assessment of the impact of auditor quality on the valuation of new issues. Journal of Accounting and Economics 14(4):375-399.
14. Feroz, E. H., Park, K. and Pastena, V. S. 1991. The financial and market effects of the SEC's Accounting and Auditing Enforcement Releases. Journal of Accounting Research 29(Suppl.):107-142.
15. Fridson, M. S. 1991. Financial Statement Analysis: A Practitioner's Guide. New York: John Wiley.
16. Holthausen, R. W., Larker, D. F. and Sloan, R. G. Feb. 1995. Annual bonus schemes and the manipulation of earnings. Journal of Accounting and Economics 19(1):29-74.
17. Hsieh, D. A., Mansky, C. F. and McFadden, D. Sept. 1985. Estimation of response probabilities from augmented retrospective observations. Journal of the American Statistical Association 80(391):651-662.
18. Jones, J. J. Autumn 1991. Earnings management during import relief investigations. Journal of Accounting Research 29(2):193-228.
19. Kellogg, I. and Kellogg, L. B. 1991. Fraud, Window Dressing, and Negligence in Financial Statements. New York: McGraw-Hill.
20. Lev, B. and Thiagarajan, S. R. Autumn 1993. Fundamental information analysis. Journal of Accounting Research 31(2):190-215.
21. Maddala, G. S. 1983. Limited-Dependent and Qualitative Variables in Econometrics. Cambridge: Cambridge University Press.
22. O'Glove, T. L. 1987. Quality of Earnings. New York: The Free Press.
23. Pincus, K., Holder, W. H. and Mock, T. J. 1988. Reducing the Incidence of Fraudulent Financial Reporting: The Role of the Securities and Exchange Commission. Los Angeles: SEC Financial Reporting Institute of the University of California.
24. Schipper, K. Dec. 1989. Earnings management. Accounting Horizons 3(4):91-102.
25. Siegel, J. G. 1991. How to Analyze Businesses, Financial Statements, and the Quality of Earnings, 2nd edition. New Jersey: Prentice Hall.
26. Skinner, D. J. Spring 1994. Why firms voluntarily disclose bad news. Journal of Accounting Research 32(1):38-60.
27. Sloan, R. G. July 1996. Do stock prices fully reflect information in accruals and cash flows about future earnings? The Accounting Review 71(3):289-315.
28. Standard Industrial Classification Manual. 1987. Washington, DC: Executive Office of the President, Office of Management and Budget.
29. Zmijewski, M. E. 1984. Methodological issues related to the estimation of financial distress prediction models. Journal of Accounting Research 22(Suppl.):59-82.
30. Zmijewski, M. E. and Hagerman, R. L. Aug. 1981. An income strategy approach to the positive theory of accounting standard setting/choice. Journal of Accounting and Economics 3(2):129-149.