Acta academica karviniensia 2011, 11(1):58-64 | DOI: 10.25142/aak.2011.006

EFFECTS OF CREATIVE ACCOUNTING ON THE FUTURE OF THE COMPANY

Veronika Fišerová
Ing. Veronika Fišerová, Interní doktorand katedry účetnictví, Slezská univerzita v Opavě, Obchodně podnikatelská fakulta v Karviné, Univerzitní náměstí 1934/3, 733 40 Karviná, verfis@centrum.cz

This article is about creative accounting in join stock company, it shows advantages and disadvantages and it also describes reasons why the share holders deform financial statements. On the simple example it will shown the impact of creative accounting and its declarations. Under the term "creative accounting" is hidden preventing accounting and auditorial reports about the real state of company and consequently providing if incorrect information. The goal of this article is to show how the practising creative accounting can influence the declaration of operating results in the company.

Keywords: Creative accounting, IFRS, tax, balance-sheet, statement income, financial reporting
JEL classification: M41

Published: March 30, 2011  Show citation

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Fišerová V. EFFECTS OF CREATIVE ACCOUNTING ON THE FUTURE OF THE COMPANY. Acta academica karviniensia. 2011;11(1):58-64. doi: 10.25142/aak.2011.006.
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