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Meaning of "creative accounting" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF CREATIVE ACCOUNTING

creative accounting  [krɪˈeɪtɪv əˈkaʊntɪŋ] play
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GRAMMATICAL CATEGORY OF CREATIVE ACCOUNTING

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Creative accounting is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES CREATIVE ACCOUNTING MEAN IN ENGLISH?

Creative accounting

Creative accounting is a euphemism referring to accounting practices that may follow the letter of the rules of standard accounting practices, but certainly deviate from the spirit of those rules. They are characterized by excessive complication and the use of novel ways of characterizing income, assets, or liabilities and the intent to influence readers towards the interpretations desired by the authors. The terms "innovative" or "aggressive" are also sometimes used. Other synonyms include Cooking the books and Enronomics. The term as generally understood refers to systematic misrepresentation of the true income and assets of corporations or other organizations. "Creative accounting" is at the root of a number of accounting scandals, and many proposals for accounting reform – usually centering on an updated analysis of capital and factors of production that would correctly reflect how value is added. Newspaper and television journalists have hypothesized that the stock market downturn of 2002 was precipitated by reports of accounting irregularities at Enron, Worldcom, and other firms in the United States.

Definition of creative accounting in the English dictionary

The definition of creative accounting in the dictionary is the practice of using loopholes in financial regulations to present figures in a misleadingly favourable light.

WORDS THAT RHYME WITH CREATIVE ACCOUNTING


accounting
əˈkaʊntɪŋ
bunting
ˈbʌntɪŋ
business-accounting
ˈbɪznɪsəˌkaʊntɪŋ
consenting
kənˈsɛntɪŋ
counting
ˈkaʊntɪŋ
daunting
ˈdɔːntɪŋ
disappointing
ˌdɪsəˈpɔɪntɪŋ
enchanting
ɪnˈtʃɑːntɪŋ
haunting
ˈhɔːntɪŋ
house-hunting
ˈhaʊshʌntɪŋ
hunting
ˈhʌntɪŋ
mounting
ˈmaʊntɪŋ
painting
ˈpeɪntɪŋ
parenting
ˈpɛərəntɪŋ
planting
ˈplɑːntɪŋ
pointing
ˈpɔɪntɪŋ
printing
ˈprɪntɪŋ
ranting
ˈræntɪŋ
venting
ˈvɛntɪŋ
wanting
ˈwɒntɪŋ

WORDS THAT BEGIN LIKE CREATIVE ACCOUNTING

creatianism
creatic
creatin
creatine
creatinine
creation
creational
creationism
creationist
creationistic
creative
creative department
creative tension
creative writing
creative writing course
creatively
creativeness
creativity
creator
creatorship

WORDS THAT END LIKE CREATIVE ACCOUNTING

acting
anting
business accounting
chanting
cost accounting
dissenting
DNA fingerprinting
eventing
face painting
financial accounting
hinting
management accounting
merchanting
not counting
offset printing
oil painting
panting
rock painting
screen printing
taunting
unrelenting

Synonyms and antonyms of creative accounting in the English dictionary of synonyms

SYNONYMS

Translation of «creative accounting» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF CREATIVE ACCOUNTING

Find out the translation of creative accounting to 25 languages with our English multilingual translator.
The translations of creative accounting from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «creative accounting» in English.

Translator English - Chinese

创造性会计
1,325 millions of speakers

Translator English - Spanish

contabilidad creativa
570 millions of speakers

English

creative accounting
510 millions of speakers

Translator English - Hindi

रचनात्मक लेखांकन
380 millions of speakers
ar

Translator English - Arabic

المحاسبة الإبداعية
280 millions of speakers

Translator English - Russian

творческий учет
278 millions of speakers

Translator English - Portuguese

contabilidade criativa
270 millions of speakers

Translator English - Bengali

সৃজনশীল হিসাব
260 millions of speakers

Translator English - French

comptabilité créative
220 millions of speakers

Translator English - Malay

Perakaunan kreatif
190 millions of speakers

Translator English - German

kreative Buchführung
180 millions of speakers

Translator English - Japanese

勘定操作
130 millions of speakers

Translator English - Korean

창조적 인 회계
85 millions of speakers

Translator English - Javanese

Akuntansi kreatif
85 millions of speakers
vi

Translator English - Vietnamese

kế toán sáng tạo
80 millions of speakers

Translator English - Tamil

படைப்பு கணக்கியல்
75 millions of speakers

Translator English - Marathi

सर्जनशील अकाउंटिंग
75 millions of speakers

Translator English - Turkish

Yaratıcı muhasebe
70 millions of speakers

Translator English - Italian

contabilità creativa
65 millions of speakers

Translator English - Polish

kreatywna księgowość
50 millions of speakers

Translator English - Ukrainian

творчий облік
40 millions of speakers

Translator English - Romanian

contabilitate creativă
30 millions of speakers
el

Translator English - Greek

δημιουργική λογιστική
15 millions of speakers
af

Translator English - Afrikaans

kreatiewe rekeningkunde
14 millions of speakers
sv

Translator English - Swedish

kreativ bokföring
10 millions of speakers
no

Translator English - Norwegian

kreativ regnskapsføring
5 millions of speakers

Trends of use of creative accounting

TRENDS

TENDENCIES OF USE OF THE TERM «CREATIVE ACCOUNTING»

The term «creative accounting» is regularly used and occupies the 93.094 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
57
/100
The map shown above gives the frequency of use of the term «creative accounting» in the different countries.
Principal search tendencies and common uses of creative accounting
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «creative accounting».

FREQUENCY OF USE OF THE TERM «CREATIVE ACCOUNTING» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «creative accounting» during the past 500 years. Its implementation is based on analysing how often the term «creative accounting» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about creative accounting

EXAMPLES

10 ENGLISH BOOKS RELATING TO «CREATIVE ACCOUNTING»

Discover the use of creative accounting in the following bibliographical selection. Books relating to creative accounting and brief extracts from same to provide context of its use in English literature.
1
Creative Accounting, Fraud and International Accounting Scandals
This book aims to explore the role of accounting, particularly creative accounting and fraud, in business scandals. The book is divided into three parts. In Part A the background and context of creative accounting and fraud is explored.
Michael J. Jones, 2011
2
The Financial Numbers Game: Detecting Creative Accounting ...
Praise for The Financial Numbers Game "So much for the notion 'those who can, do-those who can't, teach.' Mulford and Comiskey function successfully both as college professors and real-world financial mercenaries.
Charles W. Mulford, Eugene E. Comiskey, 2011
3
Creative Accounting Exposed
In this book, the author investigates the origin of creative accounting and explains how and why some companies use these shortcuts to cover different needs.
Ignacio de la Torre, 2009
4
Can the ASB Really Reduce Creative Accounting?
By defining creative accounting (section 2), a critical evaluation of measures (section 3) and the conclusion (section 4), this essay will show that the measures introduced by the ASB are powerful to contain present creative accounting.
Marcus Matthias Keupp, 2007
5
Movie money: understanding Hollywood's (creative) accounting ...
This Second Edition greatly expands the first edition's coverage of basic cable providers and new rulings regarding motion picture industry financial reporting practices and new material on vertical integration (i.e., studio self-dealing).
Bill Daniels, David Leedy, Steven D. Sills, 2006
6
Creative Accounting, the Enron Case and Its Impact on ...
Seminar paper from the year 2005 in the subject Business economics - Accounting and Taxes, grade: 1,0, University of Northampton (University of Northampton), course: Managing Finance & Financial Decisions, 19 entries in the bibliography, ...
Matthias Kammerer, 2009
7
Creative Accounting and the Cross-Eyed Javelin Thrower
This book looks at the regulatory response to creative accounting and the role olf the Financial Reporting Review Panel, under Sir David Tweedie, in policing company accounts.
Doreen McBarnet, Chris Whelan, 2001
8
The Enron Collapse: Creative Accounting, Wrong Economics Or ...
The shocking story of the collapse of an energy giant that left thousands of employees and investors without anything. Capitalism at its worst!
Dirk J. Barreveld, 2002
9
Accounting--by Principle Or Design?
Delineates the distinctions between accounting by design to achieve certain ends and accounting by principle.
Ahmed Riahi-Belkaoui, 2003
10
Good, Bad Or Ugly? on the Effects of Fiscal Rules with ...
Do fiscal rules likely lead to fiscal adjustment, or do they encourage the use of ‘creative accounting’?
Gian Maria Milesi-Ferretti, 2000

10 NEWS ITEMS WHICH INCLUDE THE TERM «CREATIVE ACCOUNTING»

Find out what the national and international press are talking about and how the term creative accounting is used in the context of the following news items.
1
A summary of the Greek crisis for the benefit of fintech people
... it was supposed to and disguised much of this excessive borrowing with fancy creative accounting strategies, courtesy of Goldman Sachs. «FT Alphaville, Jul 15»
2
Ouch! Broadway Box Office Slumps 13% For Holiday Week; 12 …
That's an incomplete picture, however, thanks to Broadway's creative accounting. Despite their $100K-plus drops, for example, Wicked and ... «Deadline, Jul 15»
3
Real reasons behind the Greek crisis: inefficiency and a fudged …
Greece achieved this sleight-of-hand with some very creative accounting, ably assisted by a leading Wall Street investment bank. So a large ... «Brisbane Times, Jul 15»
4
Requiem for the Export-Import Bank
What we find is that Ex-Im is engaging in creative accounting. After all, if the Export-Import Bank really runs like a business making a profit, ... «Justia Verdict, Jul 15»
5
Dismay Voiced by Firebrands Who Helped Put Harper in Power
For example, he said, the recent budget proclaimed balanced by the Tory government is really just creative accounting. Silye said he knows ... «TheTyee.ca, Jul 15»
6
Indian billionaire gives receivers a taste of the receiving end
When giving evidence, the three receivers were unable to assist the court in explaining this creative accounting, although Theobold indicated ... «Sydney Morning Herald, Jul 15»
7
Jonathan, Okonjo-Iweala Mismanaged ECA Funds – FRC Boss
She said that it was lack of synergy that has created loopholes where revenue generating agencies practice creative accounting in order to ... «SaharaReporters.com, Jul 15»
8
Allen Klein, manager of rock bands, emerges from shadows
... the scenes, and that lack of transparency, Goodman argues, might have enabled the creative accounting that in some cases left Klein making ... «The Keene Sentinel, Jul 15»
9
Greek Debt Crisis Caused by Military Spending, Deficits, and …
Creative accounting took priority when it came to totting up government debt.Since 1999, the Maastricht rules threaten to slap hefty fines on ... «Al-Jazeerah.info, Jul 15»
10
Book review: uneven portrait of rock'n'roll svengali Allen Klein
... the scenes, and that lack of transparency, Goodman argues, might have enabled the creative accounting that in some cases left Klein making ... «South China Morning Post, Jul 15»

REFERENCE
« EDUCALINGO. Creative accounting [online]. Available <https://educalingo.com/en/dic-en/creative-accounting>. Apr 2024 ».
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