creative accounting

creative accounting definition - finance
Using one or more accounting options to present financial results in the most favorable light. Although creative accounting is not illegal per se, if the rules are pushed too far, a corporation may run into trouble with regulatory authorities. If particular creative accounting techniques become too popular, the Financial Accounting Standards Board or another agency with regulatory authority may change the rules.

Comments


Do you have more to add? Sign in to share your linguistic knowledge or observation.

Connect with Facebook