Regresar

Creative accounting: Legal and business perspectives from information processes

Abstract:

Creative Accounting is a phenomenon that occurs when managers and accountants manipulate the information, showing results inconsistent with the financial reality of the company. The objective of this research was to describe the nature and scope of Creative Accounting from a legal and business approach, based on the information processes. This is a descriptive research. The design was non-experimental-cross-sectional (Rodríguez, Ramírez, Carmona and Ibáñez, 2021). From the perspective of the sources of information, the design was documentary (Bernal, Martínez, Parra and Jiménez, 2015). The technique used was content analysis. The results of the analysis show that Creative Accounting should be oriented towards innovating or streamlining the processes of reporting information in a clear, real and timely manner, generating strategies for the solution of problems in the business context. Which leads to the conclusion that, both from a legal and business perspective, the accounting information processes must be improved, avoiding fraudulent manifestations in them.