Adjusting Entries

Discussion 3: 
Adjusting entries are an integral part of the accounting cycle.  These entries generally include the use of estimates as a normal part of the accrual accounting process.  With the core values of responsible stewardship and integrity in mind, discuss how management may misuse adjusting entries to affect the amount of net income or loss reported by a company.  Why would they do so?  What procedures or processes can you think of that would help to stop this behavior?
Your response must be 2-3 paragraphs in length with a minimum of 250 words.