Share this entry

Share this page

creative accountancy

Syllabification: cre·a·tive ac·count·an·cy
(also creative accounting)

Definition of creative accountancy in English:

noun

informal
The exploitation of loopholes in financial regulation in order to gain advantage or present figures in a misleadingly favorable light.
Example sentences
  • Most often, those problems were financial, including inaccurate budgets, hidden deficits, creative accounting, and lackluster fund raising or capital campaigns.
  • While there are rules governing how depreciation is expensed, there is still plenty of room for management to make creative accounting decisions that can mislead investors.
  • Analysts said allegations of fraud, insider dealing and creative accounting at some of the world's biggest technology companies could hinder a recovery in the sector.

Definition of creative accountancy in:

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day emulous
Pronunciation: ˈemyələs
adjective
seeking to emulate or imitate someone or something