0
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.
Wiki User
∙ 10y 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 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
What is creative accounting?
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.
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.
Where do creative thoughts come from?
Creative thoughts come from creative people, usually in the middle of the night
How discover accounting?
accounting and mathematics was discovered by the ancient Chinese people
Financial and management accounting?
The Financial accounting is mainly for the people outside a given organization such as the shareholders. The management accounting provides information to the people within a given organization.
