Creative Accounting – Option or Necessity

Starting from the approach of accounting as a “social game”, in which the main actors are on the one hand the providers of accounting information, and, on the other hand, its users, we can see that depending on the interests pursued by the management of the economic entity, the creativity of the accounting professional can be used both to seek new solutions to problems arising at a given time and to “beautify the financial statements”. Thus, these manipulative accounting practices aimed at generating an image that is as convenient as possible for the entity, to the detriment of the true image, are known as creative accounting.