What is a hidden reserve? Why would management create hidden reserves? Why is it possible for managers

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What is a hidden reserve? Why would management create hidden reserves? Why is it possible for managers to create hidden reserves? Why is the existence of hidden reserves a problem for users of financial statements?

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Financial Accounting A Critical Approach

ISBN: 978-1259066528

4th edition

Authors: John Friedlan

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Question Posted: Feb 26, 2015 11:01 AM

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What is a hidden reserve? Why would management create hidden reserves? Why is it possible for managers

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Hidden reserves are accounting estimates that management uses to ...View the full answer

Financial Accounting A Critical Approach

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