期刊名称：International Business & Economics Research Journal
印刷版ISSN：1535-0754
电子版ISSN：2157-9393
出版年度：2010
卷号：9
期号：8
语种：English
出版社：The Clute Institute for Academic Research
摘要：Company’s might try to enhance the picture of their income numbers (looks better than it should be) in the eyes of the reader of their annual financial reports. These information could be used by investors and accounting researchers who their decisions depend on the information provided in financial reports. When companies engage in income enhancement, investment decisions may be adversely affected. The objective of this paper is to examine income numbers in a sample of the Gulf Cooperation Council (GCC) firms (UAE, Qatar, Oman, Saudi Arabia, Kuwait and, Bahrain) to determine if the frequency of the second digits conforms to the expected distribution. The results indicate that the null hypothesis could be rejected, suggesting the annual financial data may not be as accurate as expected. In other words, income enhancement at the second digit exists. We also discussed accounting standards that have been used by these companies.
