Article metrics

  • citations in SCindeks: 0
  • citations in CrossRef:0
  • citations in Google Scholar:[=>]
  • visits in previous 30 days:0
  • full-text downloads in 30 days:0
article: 4 from 22  
Back back to result list
Ekonomski vidici
2017, vol. 22, iss. 4, pp. 307-321
article language: Serbian
document type: unclassified
published on: 26/04/2018
Creative accounting: From use to abuse
MUP Republike Srbije



The accounting statements are the main confirmation of the assets and financial position, as well as the operations and monetary performance of a suitable entity. Creative accounting is, in theory, initially conceived as an instrument that should provide a realistic and objective overview of the actual financial position and the result of declaring eligible entities through financial statements within the regulatory framework. The positive side of creative accounting is the use of flexibility within the framework of accounting regulations in order to have a true, objective and fair presentation of the report. However, in practice, creative accounting has become synonymous with 'manipulative accounting', due to its abuse by irresponsible managers, thereby causing negative effects. The aim of the paper is to point out that creative accounting is desirable all the way to the border when the violation of professional and legal regulations begins.