EVIDENCE OF EARNINGS MANAGEMENT FROM THE MEASUREMENT OF THE DEFERRED TAX ALLOWANCE ACCOUNT From: The Engineering Economist | Date: January 1, 2004| Author: Chiu, Chui-Yu; Horng, Shwu-Min; Kelsey, Richard L; Chao, Chia-Ling | Copyright Institute of Industrial Engineers 2004. Provided by ProQuest LLC.Copyright information

Positive accounting literature has provided empirical evidence regarding firms' characteristics that cause their managers to make particular accounting decisions. The purpose of this study is to extend this line of research to the area of accounting for income taxes. The research is designed to identify accounting choice variables that influence managers' decisions to change the level of the deferred tax asset valuation allowance under SFAS No. 109. Specifically, the study presents an empiric...

Related newspaper, magazine, and journal articles from HighBeam Research

	PREDICTIVE ABILITY OF THE VALUATION ALLOWANCE FOR DEFERRED TAX ASSETS Academy of Accounting and Financial Studies Journal ; ABSTRACT The valuation allowance for deferred tax assets is an estimate of the portion of deferred tax assets that is not realizable because of insufficient future taxable income. The valuation allowance account might contain forward-looking information on the management's estimates of a
	Evidence of earnings management from the measurement of the deferred tax allowance account. Engineering Economist ; This study is designed to identify accounting choice variables that influence managers' decisions to change the level of the deferred tax asset valuation allowance under Statement of Financial Accounting Standards (SFAS) No. 109, Accounting for Income Taxes [7]. The Statement substantially changes
	The FASB's new rules: here we go again? (Financial Accounting Standards Board)(includes related article on calculating a deferred tax asset) Business Credit ; The rules require that a deferred tax asset be recognized for deductible temporary differences and operating loss operating loss and tax credit carryforwards. The Financial Accounting Standards Board (FASB) recently issued a final statement on Accounting for Income Taxes that changes how companies
	Must a valuation allowance be recorded against a deferred tax asset? The Tax Adviser ; Companies are facing more scrutiny than ever about whether a valuation allowance should be recorded against their deferred tax assets and, if so, when. Auditors face challenges when evaluating the appropriateness of a company's position on these allowances. A valuation allowance should be recorded
	CFM Corporation Announces Results For The 4th Quarter And Fiscal Year 2004 CCNMatthews Newswire ; MISSISSAUGA, ONTARIOCCNMatthews - March 4, 2005) - CFM Corporation (TSX:CFM) today announced its financial results for the fourth quarter and fiscal year ended October 2, 2004. All currency amounts are in U.S. dollars. - Sales were $146.1 million for the quarter and $494.2 million for the year. -
	GM TO TAKE $39B NON-CASH CHARGE IN QUARTER.(Business) The Cincinnati Post (Cincinnati, OH) ; Byline: Associated Press DETROIT -- General Motors Corp. is taking a big hit on the bottom line of its third-quarter earnings report after the automaker said it will post a $39 billion non-cash charge because of negative changes in its cumulative loss over the last three years. Because of
	Auditing deferred tax valuation allowances: the intersection of SAS 57 and SFAS 109.(Accounting & Auditing Update) The Ohio CPA Journal ; Statement of Financial Accounting Standards (SFAS) 109, Accounting for Income Taxes, specifies criteria to be considered in recording a valuation allowance to reduce deferred tax assets to the amount that is expected to be realized ( more likely than not ). Statement of Auditing Standards (SAS) 57,
	CFM Corporation Announces Verdict in Dimplex Law Suit CCNMatthews Newswire ; MISSISSAUGA, ONTARIOCCNMatthews - March 10, 2005) - CFM Corporation (TSX:CFM) announced today the conclusion of the jury- phase of a court trial before the U.S. District Court, Northern District of Illinois, with respect to certain patent rights related to electric fireplace technology held by
	New NOL rules may hurt some profitable banks. (net operating loss) The Tax Adviser ; The Taxpayer Relief Act of 1997 (TRA '97) reduced the net operating loss (NOL) carryback period to two years and increased the NOL carryforward period to 20 years. Even in the midst of the current economic expansion, this change in the NOL carryback period is already causing some problems for banks
	CyberSource Conference Call Will Outline Guidance for First Quarter and Full Year 2006 - Final Fair Disclosure Wire ; Fair Disclosure Wire 02-07-2006 OPERATOR: Good afternoon, my name is Jeremy and I will be your conference facilitator. At this time I would like to welcome everyone to the CyberSource earnings guidance call. [OPERATOR INSTRUCTIONS] Mr Pellizzer, you may begin your conference. STEVE PELLIZZER, CFO,

See all results.