The study found that cross-listed Egyptian firms tend to report larger value of discretionary accruals compared with non-cross-listed Egyptian firms after controlling for several firm-level characteristics that could influence managers’ incentives to manipulate earnings. The study also found that sales growth ratio, firm profitability, and the quality of the external audit have a significant association with the magnitude of discretionary accruals, whereas asset turnover and financial leverage have an insignificant association with the magnitude of discretionary accruals.