Learn how income smoothing can stabilize earnings, comply with GAAP, and attract investors. Understand its legality and strategic benefits for businesses.

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 ...

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 ...

Santander Asset Management has stopped applying income smoothing to its funds as a result of market volatility. Investors in the group’s funds usually receive income through a monthly or quarterly ...

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 ...

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 ...