Creative Accounting between the Risk of Disloyal Information and the Assurance of Fidelity in Information

Munteanu Petricã ()
Additional contact information
Munteanu Petricã: Faculty of Economics and Business Administration, „Alexandru Ioan Cuza” University, Iasi

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 2, 1264-1268

Abstract: The complexity of economic transactions, their dynamic and the peculiarity of the activities carried out by each enterprise does not afford the coverage of the entire economic universe by accounting norms and regulations. National and international organisms acknowledge the legal limitations owing to the previously mentioned objective reasons. Therefore, they acknowledge and give freedom to professional reasoning which should be a completion of norms and a supporting factor of the true and fair view. By means of a critical approach and a qualitative method, we will analyze aspects pertaining to creative accounting. A controversial subject in the literature of the field for which we will highlight both the negative connotations (the ones encountered most often) and the positive ones. The study emphasizes the fact that creative accounting techniques may be both a source of disloyal information and the way in which the principle of true and fair view is ensured.

Keywords: creative accounting; true and fair view; financial-accounting information; informational risk. (search for similar items in EconPapers)
JEL-codes: M41 M42 (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

Downloads: (external link)
http://stec.univ-ovidius.ro/html/anale/ENG/cuprins%20rezumate/volum2012p2v2.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:ovi:oviste:v:xii:y:2012:i:2:p:1264-1268

Access Statistics for this article

Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela

More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Gheorghiu Gabriela ().