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Adjustments For ‘Extraordinary Items’In Smoothing Reported Profits of Listed Australian Companies: Some Empirical Evidence
Author(s) -
Craig Russell,
Walsh Paul
Publication year - 1989
Publication title -
journal of business finance and accounting
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.282
H-Index - 77
eISSN - 1468-5957
pISSN - 0306-686X
DOI - 10.1111/j.1468-5957.1989.tb00015.x
Subject(s) - credibility , accounting , empirical evidence , business , nothing , smoothing , economics , actuarial science , statistics , philosophy , mathematics , epistemology , political science , law
Nothing is more likely to undermine the credibility of financial reporting than the suspicion that the results reported were predetermined and that the accounting methods used were selected to produce the results desired by the preparers of the report', Solomons (1983).