The Use of Reserves and Accrued Liabilities for Discretionary Shaping of Financial Results of Stock Exchange Listed Companies: Case of Poland
Accounting, Reporting, and Financial Analysis: 36FINACC 2020
Reserves and accruals belong to the measurement category in which a lack of credibility is considered to be at a high-risk value. Due to subjectivity and possibility of choosing many premises during the valuation process, reserves and accruals are treated as instruments of aggressive accounting.…