MANIPULATION OF FINANCIAL REPORTS USING CREATIVE ACCOUNTING

Abstract

Legal regulations and international professional accounting regulations are the basis for a true and fair presentation of the property, financial and profitability position of companies. If the financial statements are prepared in accordance with the appropriateprinciples and principles, the users of the financial statements are able to make adequate decisions based on them. That picture can often be distorted. All measures that were deliberately implemented with the aim that the financial statements do not show the true financial and yield strength of the company can be covered by the term “creative accounting”.