1) Why did SmithKline management receive the following directive "Not another dollar of profit"?
2) What bases are identified in the article as universally accepted measures for determining the value of a share of stock? Are quarterly earnings reports included in these accepted measures?
3) Describe what is meant by the following: "Given Wall Street's response, some companies figure that if they're going to miss by an inch, they might as well miss by a mile."
4) How did Sunbeam engage in "channel stuffing"?
5) How did Micro strategy play "the earnings game"?
6) What is meant by "nudges and winks" and how has this practice met the letter, but not the spirit, of SEC Regulation FD?
7) What techniques/measures does the author present as potential solutions to stop earnings-game abuses?
8) Research and provide a summary of an article that discusses "earnings management." Cite your authority.
9) Research and provide a summary of an article that discusses "cookie jar reserves." Cite your authority.
10) Research and provide a summary of an article that discusses a recent "accounting scandal" of a publicly traded company.