What is it about?
Quality of earnings during the Civil War at the M&O Railroad.
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Why is it important?
This approach serves to improve students' abilities to identify and critically examine similar aspects of contemporary 21st century accounting challenges, including earnings management and cash-flow based performance measures, such as earnings before interest, tax, depreciation, and amortization (EBITDA).
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This page is a summary of: Quality of Earnings: The Case of the Mobile and Ohio Railroad in the 19th Century, Issues in Accounting Education, November 2003, American Accounting Association,
DOI: 10.2308/iace.2003.18.4.335.
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