A lot of countries will now lose some billions of euros, which they will now brush off , for when the IMF prints money from nothing, money without the backing of gold or silver, then creative accounting
becomes a very fine art.
Garry Clark, executive director of the Ontario Prospectors Association, said such creative accounting
practices are already commonplace in the sector.
LITERATURE REVIEW ON CREATIVE ACCOUNTING
AND INVESTOR SKEPTICISM
After its ambiguous accounting treatment of Bank of Moscow's (BoM) consolidation, VTB has proceeded to use creative accounting
practices that affect earnings: in 3Q11 the
using creative accounting
," he said, adding that this was a result of the Central Bank losing its independence and becoming increasingly politicized.
It means creative accounting
, manual workarounds, and lack of internal controls on financial and non-financial processes will be a thing of the past.
Mind you if I was him, I might feel slightly aggrieved that others who shared the green benches with him appeared to get away with their own creative accounting
0 per cent, while it actually turns out that expenditures for 2010 were just transferred to 2011, in an inventive move of creative accounting
alchemy, to achieve the fictional result of 5.
In another creative accounting
move, The McClatchy Co.
The newspaper described some of the revelations in the diplomatic cables, saying they show "how the US seeks dirt on nations opposed to its approach to tackling global warming; how financial and other aid is used by countries to gain political backing; how distrust, broken promises and creative accounting
dog negotiations; and how the US mounted a secret global diplomatic offensive to overwhelm opposition to the controversial 'Copenhagen accord.
Abstract: Creative accounting
can be defined as an approach that allows managing the information which is shown in the financial statements.
However, being under the Government's cutcosh appears to have given rise to some creative accounting
on the age stakes.