Companies who engage in income smoothing by reporting fluctuations in revenue and expenses over time in a way that makes the earnings growth look steady across quarters may be reflecting the CEO’s ...

Perhaps you’ve been following the criminal trial of former leaders of disbanded law firm Dewey LeBoeuf LLP. The prosecution contends that these leaders purposely misled other stakeholders, including ...

Spooked by volatile reports from the Silicon Valley Bank in early March, many customers panicked and withdrew their money, creating the largest bank failure since the 2007-2008 financial crisis. The ...

What Is an Accounting Cushion? An accounting cushion is a term used to describe an intentionally excessive expense reported on a company’s financial statements in order to even out fluctuations in ...

New research makes the case that 'smoothing the numbers' can be beneficial -- if you have the right team in place to handle the job. New research from the Kelley School of Business makes the case that ...

We study the consumption response to typical labor income shocks and investigate how these vary by wealth and race. First, we estimate the elasticity of consumption with respect to income using an ...

As we navigate through 2025, retirement planning continues to evolve with increasing complexity. Among the most significant yet frequently overlooked retirement expenses is IRMAA — the Income-Related ...

American International Group Inc., the world’s largest insurer, said Monday that it has received subpoenas from New York Atty. Gen. Eliot Spitzer and the Securities and Exchange Commission seeking ...

This paper examines the incidence of consumption smoothing or risk sharing among the above and below poverty households in India. The results suggest partial risk sharing activities between households ...

New research from the Kelley School of Business makes the case that "smoothing the numbers" can be beneficial -- if you have the right team in place to handle the job. Smoothing, in this case, means ...