Wright a short note on creative accounting its role in business scandal
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creative accounting roals in business scandals
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Creative accounting is a euphemism referring to accounting practices that may follow the letter of the rules of standard accounting practices, but deviate from the spirit of those rules. They are characterized by excessive complication and the use of novel ways of characterizing income, assets, or liabilitiesand the intent to influence readers towards the interpretations desired by the authors.
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