| Quality
of Earnings |
 |
Refers to increased earnings because of higher sales or lower costs, as compared
to "artificial profits" created by such accounting anomalies as inflation of inventory.
|
 |
Earnings can be reported slightly different while still respecting
GAAP rules.
Also if earnings are calculated conservatively the quality is said to be much higher than more aggressive earnings. |
|
|
|
|
Dictionary
