CREATIVE ACCOUNTING VERSUS FRAUD

Laura – Maria Popescu and Ileana Nișulescu
Additional contact information
Laura – Maria Popescu: The Bucharest University of Econimic Studies, Romania
Ileana Nișulescu: The Bucharest University of Econimic Studies, Romania

SEA - Practical Application of Science, 2014, issue 5, 59-64

Abstract: This article sets out to present the difference between the means of executing creative accountingand that of executing fraud, the way in which they are perceived in the business environment, as well as the implications that they have in companies’ activities. The article’s structure consists in an analysis of the terms „creative accounting” and „fraud”, presenting ideas and definitions that a series of economists have attributed to these terms, the differences between the two concepts, the risks that they imply and the opinion of the business environment regarding the two phenomena. The hypotheses that the article is based on constituted the starting point for a study conducted on the employees of companies operating on Romanian territory. The conclusions confirmed most of the study’s hypotheses and the fact that the two terms are often mistaken for one another and, in the opinion of the majority of respondents, constitute reasons for concern with regard to the financial statements submitted by a company.

Keywords: Creative accounting; Fraud; Users; Accounting Information (search for similar items in EconPapers)
JEL-codes: M41 M42 (search for similar items in EconPapers)
Date: 2014
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://seaopenresearch.eu/Journals/articles/SPAS_5_8.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2014:i:5:p:59-64

Access Statistics for this article

SEA - Practical Application of Science is currently edited by Romanian Foundation for Business Intelligence

More articles in SEA - Practical Application of Science from Romanian Foundation for Business Intelligence, Editorial Department
Bibliographic data for series maintained by Serghie Dan ().