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Our study examines whether CPA firms take measures to improve their audit quality and restore trust among investors when their reputations are in danger subsequent to disciplinary actions by the government regulatory agencies in China. Compared with a control group of the CPA firms without a...
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SFAS No. 128, Earnings Per Share, changes the way publicly held companies measure and report earnings per share. It replaces primary earnings per share with basic earnings per share and fully diluted earnings per share with diluted earnings per share. The FASB's objectives were (1) to respond to...
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