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UKCreative accounting
/kɹiːˈeɪtɪv ɐkˈaʊntɪŋ/
/kɹiːˈeɪɾɪv ɐkˈaʊntɪŋ/Creative accounting
[NOUN]1
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.
Examples
1. Creative accounting on the part of Paramount reportedly robbed the Marx Brothers of profits.
2. By using some pretty creative accounting methods and outright fraud, executives had been hiding billions of dollars of debt from shareholders and investors for years.
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