Earnings Management: An Executive Perspective » (1st Edition)

Thomas McKee is a Ph.D., CPA, CMA, and CIA at East Tennessee State University. He is a Fulbright Scholar. Prior to his teaching career, he was a senior accountant with Price Waterhouse. He has co-authored over 100 publications including 65 journals articles and 9 books. He resides in Johnson City, TN.

McKee (accounting, East Tennessee State U., Johnson City) distinguishes between active and passive earnings management, and the ambiguous boundary between responsible management and "cooking the books" in managing a company's bottom line. Reassuring executives that they do not have to be accounting experts, he discusses pressures to misrepresent financial results, ethical and legal issues, and techniques for keeping shareholders happy, e.g., dipping into the "cookie jar" reserve, or betting on the future through an acquisition. The book includes actual case studies and an earnings management evaluation checklist. Annotation ©2005 Book News, Inc., Portland, OR