Creative accounting is defined as using the flexibility in accounting within the regulatory framework to manage the management and presentation of accounts so that they give primacy to the interest of the preparers not the users.   Required.   Giving examples, discuss the main methods of creative accounting.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter1: Accounting As A Tool For Managers
Section: Chapter Questions
Problem 10MC: Which of the following statements is incorrect? The practice of management accounting is fairly...
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Creative accounting is defined as using the flexibility in accounting within the regulatory framework to manage the management and presentation of accounts so that they give primacy to the interest of the preparers not the users.

 

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Giving examples, discuss the main methods of creative accounting.

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