翻译为英文:The net profit for May is -1,808 kEUR, which is much lower than the flash report with the number of -345 kEUR. What may be the driving factors for the deviation?
The translation of the provided text into English is as follows: "The net profit for May is -1,808 kEUR, which is significantly lower than the number reported in the flash report, which was -345 kEUR. What could be the potential reasons for this discrepancy?"
When considering the driving factors for such a deviation in net profit, several aspects could be taken into account, such as changes in revenue recognition, adjustments in expense classification, variations in the cash flow statement, and differences in the recognition, classification, and measurement of assets and liabilities13. Additionally, the quality of earnings, as measured by the variability of earnings and cash flow2, and the relationship between dividends and earnings quality4, could also play a role. Furthermore, the difference between financial reporting quality and the quality of results, as well as the impact of conservative versus aggressive accounting practices[citation: