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The Chartered Institute of Management Accountants (CIMA) has warned that linking directors' pay to EPS or return on assets is open to abuse, since these are not the objective measures they might appear.

(a) Can shareholders rely on the ASB to prevent abuse? Discuss.

(b) Identify five ways in which the directors might manipulate the EPS and return on assets without breaching existing standards

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91773320

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