A company's reported earnings can be described as being of higher or lower quality.  How would you define/identify quality earnings?  What are some of the properties of high-quality earnings and why do these properties indicate high quality?  Imagine yourself as an auditor. What types of things would a client have to do - or what characteristics would you expect to see in their financials - to make you think they have high quality earnings

Answer rating: 100% (QA)

Quality earnings refer to the sustainability reliability and transparency of a companys reported profits Several properties signify highquality earnin... View the full answer