earnings management checklist?

Can you be more specific Eliza??

Does the business man have employees and he wants to know how to manage the earnings of his employees? Or for himself??

He isn't a pimp.....is he? In which case he wouldn't have to worry about Generally Accepted Accounting Principles (GAAP)......LOL .............jk

Seriously...can you be more specific? Depends on alot...will accruals be involved?

A normal feature of GAAP-based accrual accounting is that management must estimate and record obligations that will be paid in the future as a result of events or transactions in the current fiscal year.

Will he have expenses?? Overhead? Accumulated Amortization?

Sole proprietorship or a partnership? Incorporated??

There are MANY different earnings management techniques....depends on the needs of the businessman The variables are endless and your question is so broad....can you narrow it down?

eliza just wants to know how to manage her accruals consistently with GAAP. i guess inflating a few of those estimates and cherry picking the unrealized gains and losses when necessary to boost earnings is good enough for now.