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Can the ASB really reduce creative accounting?

By Marcus Matthias Keupp
eBook
$16.86
By Marcus Matthias Keupp
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Essay from the year 2001 in the subject Business economics - Accounting and Taxes, grade: A+, University of Warwick (Warwick Business School), language: English, abstract: The spectacular breakdown of Polly Peck impressively demonstrated the role of creative accounting in the 1980s. Although many companies were not doing well, creative accountants could easily deceive shareholders by manipulating figures. The Companies Act requires financial statements ′to give a true and fair′ (i.e., factu...

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BusinessAccountingGeneral Accounting