University of Isfahan Financial Accounting Research 2322-3405 3 2 2011 08 23 Investigation of Income Smoothing Through Asset Sales Investigation of Income Smoothing Through Asset Sales 51 62 16912 FA I Noravesh Professor of Accounting, Faculty of Management, University of Tehran H Zakeri M.A. of Accounting, Faculty of Management, University of Tehran Journal Article 2016 06 14   This paper investigates income smoothing through the asset sales. We tested income smoothing in the level of operating income. The test based on a linear multi-regression analysis for the companies listed in Tehran Exchange during 1381-1385. Investigation supports income smoothing so that managers use the gains and losses of the asset sales to smooth earnings. Our evidence also indicate that the level of smoothing in the companies that experience lower level of operating income is more than those which experiencing higher level of operating income.   This paper investigates income smoothing through the asset sales. We tested income smoothing in the level of operating income. The test based on a linear multi-regression analysis for the companies listed in Tehran Exchange during 1381-1385. Investigation supports income smoothing so that managers use the gains and losses of the asset sales to smooth earnings. Our evidence also indicate that the level of smoothing in the companies that experience lower level of operating income is more than those which experiencing higher level of operating income. https://far.ui.ac.ir/article_16912_7ace97cf9d3851168f2461bf76f2dbc7.pdf