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Creative accounting
/kɹiːˈeɪtɪv ɐkˈaʊntɪŋ/
/kɹiːˈeɪɾɪv ɐkˈaʊntɪŋ/Creative accounting
01
comptabilité créative
the use of misleading accounting methods to present a company's financial position in a more favorable light
What is the origin of the idiom "creative accounting" and when to use it?
The idiom "creative accounting" emerged as a way to describe accounting practices that deviate from standard principles and guidelines. This expression became well-known in the late 20th century to describe a situation in which when people manipulate financial information for their own or the company's advantage.
Exemple
Many companies engage in creative accounting practices to enhance their financial performance.
If stricter regulations are not implemented, creative accounting practices may continue to be a problem in the future.
The CEO resigned after the discovery of creative accounting practices that had been ongoing for several years.
hareholders filed a lawsuit against the company for engaging in creative accounting methods in the past.
Last year, it was revealed that the company had employed creative accounting techniques to misrepresent their financial position.
