EM-3 Unsustainable Income
Test whether earnings are inflated by temporary activities.
Checks
-
Identify gains from asset sales, settlements, or investments inside recurring performance.
-
Review discontinued operations usage that offsets core weakness.
-
Examine pension/investment income effects on operating optics.
-
Flag reserve reversals that materially boost period earnings.
Output
Return JSON with shenanigan , risk_level , flags , supporting_evidence , and recommended_follow_up .