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Creative accounting is not a legal practice but considered to be an ethical one. *​

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The term 'creative accounting' can be defined in a number of ways. Initially we will offer this definition: 'a process whereby accountants USE their KNOWLEDGE of accounting rules to manipulate the figures reported in the ACCOUNTS of a business'. To investigate the ethical issues raised by creative accounting we will: - Explore some definitions of creative accounting. - CONSIDER the various ways in which creative accounting can be undertaken. - Explore the range of reasons for a company's directors to engage in creative accounting. - Review the ethical issues that ARISE in creative accounting. - Report on surveys of auditors' perceptions of creative accounting in the UK, Spain and New Zealand.Explanation:



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