Article metrics

  • citations in SCindeks: [1]
  • citations in CrossRef:[1]
  • citations in Google Scholar:[=>]
  • visits in previous 30 days:9
  • full-text downloads in 30 days:3
article: 1 from 22  
Back back to result list
2018, vol. 4, iss. 2, pp. 78-89
article language: Serbian
document type: Review Paper
published on: 24/09/2018
doi: 10.5937/Oditor1802078C
Forms of creative accounting and most of manipulation in financial statements
Policijska uprava za grad Beograd, Uprava kriminalističke policije, Beograd



Financial statements and accounting documents are a certificate of financial and financial position as well as the business performance of the entity. In its beginnings, creative accounting was conceived as an instrument of an objective presentation of the financial position and business results of business entities through the financial statements within the accounting regulatory framework. Initially, profit management efforts are legal and within the applicable financial reporting framework. However, over time, accounting techniques become inadmissible, unlawful and contrary to generally accepted accounting principles. Then the haircut of the financial result becomes illegal and turns into falsification of the financial statements. The aim of the paper is to synthesize knowledge about forms of creative accounting in order to indicate the importance and the need for reliable and quality financial reporting. Namely, this paper aims to contribute to the understanding and understanding of how accounting manipulations and the management of the financial result of an enterprise are manipulated.


accounting statements; creative accounting; managers


Amat, O., Blake, J., Dowds, J. (1999) The ethics of creative accounting. Journal of Economic literature class sification, Economics Working Paper, docs/papers/downloads/349.pdf [pristup 25/06/18]
Belak, V. (2011) Poslovna forenzika i forenzično računovodstvo. Zagreb: Belak Excellens
Dimitrijević, D. (2013) Forenzičko računovodstvo - sredstvo zaštite kvaliteta finansijskog izveštavanja. Kragujevac: Ekonomski fakultet, doktorska disertacija
Dukes, R.E., Dyckman, T.R., Elliott, J.A. (1980) Accounting for Research and Development Costs: The Impact on Research and Development Expenditures. Journal of Accounting Research, 18: 1
Howard, S. (2002) Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial reports. McGraw Hill
Knežević, G. (2010) Analiza finansijskih izveštaja. Beograd: Univerzitet Singidunum
Ling-Feng, H., Yao-Tsung, T. (2005) Information Asymmetry, Creative Accountings and Moral Choice. Journal of American Academy of Business, 64-73
Malinić, D. (2009) Savremeni izazovi integralnog istraživanja kvaliteta finansijskih izveštaja. Ekonomika preduzeća, vol. 57, br. 3-4, str. 138-155
Petrova, D. (2008) Korišćenje računovodstvenih procena u manipulativnom finansijskom izveštavanju i odgovornosti revizora. Računovodstvo, vol. 52, br. 7-8, str. 23-34
Petrović, Z., Stanišić, M., Vićentijević, K. (2016) Revizijska regulativa. Beograd: Univerzitet Singidunum
Subramanyam, K.R., Halsey, R.F., Wild, J.J. (2007) Financial statement analysis. McGraw-Hill, 9th ed
Škarić-Jovanović, K. (2007) Kreativno računovodstvo - motive, instrumenti i posledice. in: Zbornik radova sa 11. Kongresa SRRRS, Banja Vrućica, 51-70