0
It is "thinking outside the box" when such practice is not permitted. Creative accounting is actually a good description of the practice, as it tends to "create" a picture that is not technically correct from the perspective of the information's intended user.
Wiki User
∙ 6y ago
Add your answer:
Earn +20 pts
Importance of creative accounting?
Creative accounting accountants resolve problems. Creative accounting must still abide by the Generally Accepted Accounting Principles. Typically, experienced accountants utilize creative accounting.
What maths are required to work in business accounting?
creative
Accounting is an art and also a science discuss?
Accountants using theories and methodologies of the discipline making it a science. They are also creative and think critically, making it an art.
What are the subfields of accounting?
1. Financial Accounting 2. Cost Accounting 3. Management Accounting 4. Social Accounting 5. Human Resource Accounting 6. National Accounting
What are the different fields of accountung?
1- Cost Accounting 2 - Financial Accounting 3 - Management Accounting
Importance of creative accounting?
Creative accounting accountants resolve problems. Creative accounting must still abide by the Generally Accepted Accounting Principles. Typically, experienced accountants utilize creative accounting.
What has the author Ian Griffiths written?
Ian Griffiths has written: 'Creative accounting' -- subject(s): Accounting, Corporations 'New creative accounting' -- subject(s): Accounting, Management
Who coined the phrase Creative Accounting?
Creative accounting was referred to the systematic misrepresentation of the true income and assets of corporations or other companies. The term creative accounting was first used in the film the producers by Mel Brooks in 1968, it was according to David Ehrenstein.
What maths are required to work in business accounting?
creative
How can people get creative with their accounting?
Creative accounting is where it is often emphasised the positive aspects of a company's finacal situation. Whilst downplaying any negative factors within the finances.
Explain how can creative accounting affects the cost of capital and what are the likely implications?
Creative accounting can make financial documents of a business look misleading. Many financial institutions my be hesitant to lend money, which will make the business have to pay more for capital.
What types of jobs are available in film studios?
Jobs that are available in film studios are Creative pictures, creative television, Human Resources, Finance, Accounting, Animation and Communications.
What has the author Michael Kenneth Magin written?
Michael Kenneth Magin has written: 'Creative cost accounting'
What are the researchable accounting topics?
Some researchable accounting topics include the invention/development of double-entry bookkeeping, carbon accounting and green taxation, the cost of anti-money laundering to financial institutions and valuation issue of fair value accounting. A person can also be creative and come up with their unique topics.
Explain how can creative accounting affect the cost of capital and what are the likely implications?
is the process where by the accountant to use wrongly rule and finincial standard by manipulating figure
What is the Creative Group's goal?
Creative Group's goal is to provide recruitment solutions to various businesses in the fields of design, marketing, advertising and public relations. They also aim to provide support services for IT, accounting, finance, administrative and legal roles.
Accounting is an art and also a science discuss?
Accountants using theories and methodologies of the discipline making it a science. They are also creative and think critically, making it an art.
