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creative accounting |
Also found in: Wikipedia, Hutchinson | 0.01 sec. |
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? Mentioned in | ? References in periodicals archive | |
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Elsewhere in his book, Shortt delves into such topics as grade inflation with the concurrent trend of dumbing down the curriculum, and how education officials across the country have used creative accounting on their states' test results to continue receiving federal money. OFHEO had set its sights on Fannie Mae after sibling Freddie Mac made headlines in 2003 for engaging in creative accounting practices. Creative accounting practices, such as acceleration of revenue recognition and off-balance sheet debt, are still legal, but auditors view them with wariness. |
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