Is earnings management the same thing as financial statement fraud?

Is earnings management the same thing as financial statement fraud? Fraud has the same objective as earnings management, but differs from earnings management in that fraud is outside of generally accepted accounting principles (GAAP), whereas, earnings management is within GAAP (Erickson, Hanlon, & Maydew, 2006). Does earnings management have a legitimate place in financial reporting? … Continue reading Is earnings management the same thing as financial statement fraud?