Motivation for Profit Management and Bonus Goals During the Covid 19 Pandemic

Abstract

This study contribute to the study of financial accounting, specifically profit management methods and their relationship with executive compensation during the Covid19 pandemic. The descriptive qualitative method was used to explore the motivation of profit and compensation management by comparing it with previous literature showing similar characteristics. Sequence, in particular past events that have had an effect on volatile financial conditions. In this uncertain situation, companies can use accounting techniques in financial statements to mitigate the negative impact of the pandemic on the operations of companies such as BigBath Accounting, Bailout Funds and Stimulus Packages; Large Profit Flattening and Loss Avoidance Accounting; Loose Accounting Rules During the Pandemic; and fiscal assistance packages. Accounting important role in reducing the impact of the pandemic on a company's operations. While accounting cannot be blamed for the negative effects of the pandemic on business, as a social science it can be blamed for not helping to mitigate of the pandemic on financial performance.