| المستخلص: |
Earnings are considered a magic number which attracts the attention of the management, shareholders, banks, competitors, suppliers, customers, government and other related parties to a company's activities. Earnings prompt management and/or accountants toward many accounting practices related to earnings management, few of which are acceptable and many others are not acceptable at all. When the term "earnings management" first appeared, the most important purpose was to improve the quality of accounting practices. Unfortunately, the real application shows that we have a high, intermediate, and low quality of accounting practices related to earnings management. This study aims to analyze the view of Egyptian management accountants about their reasons for accounting practices in Egypt, that has led to earnings management which distort financial statements, because they have a direct interest in the quality of accounting practices to improve the areas of planning, control and decision-making in the short, medium and long-terms. Additionally, this study tests five hypotheses around the impact of the general circumstances of investment (GCI) and efficiency of the financial sector (HI); the mechanisih and directives of professional bodies as well as the accounting, auditing, and consulting companies (H2); the requirement of corporate governance (H3); the impact of financial statements items /numbers (H4); and the formal accounting standards and polices (H5) on the quality levels of accounting practices for earnings management in Egypt. The previous hypotheses have been proven statistically. In Egypt, as one of the most important Middle East countries, we suggest that it is necessarily to focus the attention of management, financial accountants and auditors on respecting the professional rules to the same degree of respecting the legal rules to achieve a high quality of accounting practices, not only for improving the presentation of financial statements, but also for enhancing the quality of accounting work that supports the tactical targets and strategic goals of management.
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