Income smoothing and market perception of accounting numbers : an empirical investigation of extraordinary items / Wan Adibah Wan Ismail, Khairul Anuar Kamarudin and Muhd Kamil Ibrahim

• Main Authors: Wan Ismail, Wan Adibah, Kamarudin, Khairul Anuar, Ibrahim, Muhd Kamil
• Format: Article
• Language: English
• Published: Faculty of Accountancy 2005
• Subjects: Malaysia
• Online Access: http://ir.uitm.edu.my/id/eprint/11691/1/AJ_WAN%20ADIBAH%20WAN%20ISMAIL%20NARJ%2005%20%282%29%201.pdf; http://ir.uitm.edu.my/id/eprint/11691/

This paper examines issues related to the reporting of extraordinary items in the financial statements of Malaysian companies. The first issue concerns the change of accounting standards on extraordinary items, which has limited the scope of extraordinary items. It is found that there are signifi...