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creative accountancy

Line breaks: cre|ative ac¦count|ancy
(also creative accounting)

Definition of creative accountancy in English:

noun

[mass noun] informal
The exploitation of loopholes in financial regulation in order to gain advantage or present figures in a misleadingly favourable 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:

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