Manipulating Business Performances by Creative Accounting

View Sample PDF

Author(s): Ionica Oncioiu (Titu Maiorescu University, Romania), Traian Ovidiu Calotă (Titu Maiorescu University, Romania)and Alin Eliodor Tănase (Titu Maiorescu University, Romania)
Copyright: 2021
Pages: 11
Source title: Encyclopedia of Organizational Knowledge, Administration, and Technology
Source Author(s)/Editor(s): Mehdi Khosrow-Pour D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-7998-3473-1.ch003

Keywords: Administration & Leadership / Business & Management / Business and Organizational Research / Business Science Reference

Purchase

View Manipulating Business Performances by Creative Accounting on the publisher's website for pricing and purchasing information.

Abstract

The dual nature of creative accounting has been intensely debated since its emergence in the Anglo-Saxon economies. The lack of a common accounting language, different accounting systems at international level, applied in different languages, international legislation harmonized more or less correctly, amidst a turbulent economic environment, left room for multiple interpretations and meanings. This chapter presents the advantages of fair value in manipulating business performances by creative accounting, but there are voices that are challenging this concept because of its volatility and tendency to subjectivism, and also manipulating the models used to evaluate balance-sheet structures or profit and loss account. The results show that fair value was introduced by accounting norms in response to the deterioration of confidence in the financial statements and targets a new system for assessing the entity's assets and liabilities.

The IRMA Community

Research IRM

Manipulating Business Performances by Creative Accounting

Purchase

Abstract

Related Content

IRMA Sponsors