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The term is also (used more seriously and disparagingly) to refer to systematic misrepresentation of the true income and assets of business organizations. "Creative accounting" on this scale has led to a number of recent accounting scandals, and many proposals for accounting reform.
Creative accounting is also used by smaller companies for tax saving purposes and large companies for meeting bonuses or shareholders expectations...
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The term is also (used more seriously and disparagingly) to refer to systematic misrepresentation of the true income and assets of business organizations. "Creative accounting" on this scale has led to a number of recent accounting scandals, and many proposals for accounting reform.
Creative accounting is also used by smaller companies for tax saving purposes and large companies for meeting bonuses or shareholders expectations...
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