What is creative accounting?
How creative accounting to be adopted in architectural firm? Vivi Yahya
Walk before run; basics before creativityA question as to what is creative accounting suggests you have need a basic accounting support. When you have a good accountant doing the basics well you can then start thinking about creativity.
Creative accounting is not just fiddling the books. It will mean accounting in such a way as to best represent your numbers. This may be achieved by selecting the better of two legal alternatives
Creative AccountingObviously I agree with the statement made by Neil Eglintine, but Vivi Yahya did ask about creative accounting, not the ethics. I would suggest that Vivi reads 'Creative Accounting' by Ian Griffiths first published in 1986 by Waterstone & Co Ltd, and later reprinted by Sidgwick & Jackson Ltd. My reservation would be, that what may just have been acceptable then in 1986 is certainly not now, but at least Vivi can read the facts.
Are you serious?Creative accounting essentially means fiddling the figures to give you the answer you want!I can't see many professionals owning up to how this might be applied in any particular commercial sector!