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.
All of this knowledge, including industry knowledge, gained over the years, should assist the auditor with the identification of pressure points, for example; pressure from stakeholders for dividends/interest/ covenant compliance etc, or pressure to meet KPIs and budgets, could lead to creative accounting
or accounting fraud.
3) praxeological accounting (current studies on the subject typically assume a "wide" view of creative accounting
Keywords: performance, financial position, creative accounting
, economic and financial indicator, overall result, financial reports.
First, they could be taxed on sales instead of profit then there would be no creative accounting
to run at a loss.
It is a wonder the council are having to lay off staff, you'd think they would be rolling in cash with their creative accounting
or perhaps it's their lack of common sense and customer service which sees them failing.
using creative accounting
," he said, adding that this was a result of the Central Bank losing its independence and becoming increasingly politicized.
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.