Arthur Levitt criticizes companies for using cookie jar reserves to help manage earnings. What are cookie jar

Question:

Arthur Levitt criticizes companies for using "cookie jar reserves" to help manage earnings. What are "cookie jar reserves" and how might they be used to manage corporate earnings?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Auditing a business risk appraoch

ISBN: 978-0324375589

6th Edition

Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston

Question Posted: