with higher stock liquidity form more accurate accrual estimates. Consistent with our expectations, we find that accrual … information revealed when stocks are more liquid allows managers to reduce their accrual estimation errors. Finally, we find that … the negative association between stock liquidity and accrual estimation errors is stronger for firms incurring losses …

test their significance in earnings management (EM) detection in firms that have artificially added accrual manipulation … and firms that were targeted by the SEC for accrual manipulation. There is evidence that this information is incrementally …

amount of income-decreasing special items in subsequent years. Most of momentum profit among high-accrual firms is … attributable to the high discretionary accrual group. Our findings indicate that due to the joint force of earnings overestimation … and earnings manipulation, the downward payoff of loser stocks with high accruals largely drives the accrual …