Business / Accounting / Creative Accounting: A questionable! means of making a companies figures appear more (or less) appealing to shareholders etc. An example is 'branding' where the 'value' of a brand name is added to intangible assets which increases shareholders funds (and therefore decreases the gearing ). Capitalizing expenses is another method (ie. moving them to the assets section rather than declaring them in the Profit & Loss account).
Creative Noun Synonyms: imaginative, inventive, originative, artistic, original, ingenious, resourceful
Business / Accounting / Financial Accounting: The area of accounting concerned with reporting financial information to interested external parties. MORE
Business / Accounting / Financial Accounting Standards Board (FASB): The private organization responsible for establishing the standards for financial accounting and reporting in the United States. MORE