Locate and read the article listed below and answer the following questions. Callen, J. L., S. W.
Question:
Callen, J. L., S. W. G. Robb, and D. Segal. 2008. Revenue manipulation and restatements by loss firms. Auditing: A Journal of Practice & Theory 27 (2): 1-29.
a. What is the issue being addressed in the paper?
b. What are the findings of the paper?
c. Why is this paper important to auditors, and what are the implications of this paper for the auditing profession?
d. Describe the research methodology used as a basis for the conclusions.
e. Describe any limitations of the research.
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a This study examines revenue recognition practices and earnings management The author notes there are two primary mechanisms that companies can use to manipulate earnings through revenue recognition ...View the full answer
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