This document provides learning objectives and an overview of creative accounting. It discusses the meaning of creative accounting as imaginative ways to present accounts that deviate from the spirit of accounting laws but are not illegal, with the aim of making a company appear financially healthier. Examples of creative accounting in India are given. While creative accounting is not the same as falsifying financial statements, it is seen in a similar light. References for further information are provided.

1. Akki Maruthi
Assistant professor of commerce
SKNG Government First Grade College
Gangavathi 583227

4. Learning objectives.
• Meaning of Creative Accounting
• Examples of Creative Accounting in India
• Needs of Creative Accounting
• Failure Stories of Creative Accounting
• References
• Conclusion

7. Cont..
Creative accounting refers to
imaginative ways to present accounts.
These ways deviate from the spirit of
accounting laws.
However, they are not illegal. The aim in
creative accounting is to make the
company appear financially healthier
than it really is.

8. Creative accounting not illegal – ‘but’
Creative accounting, while not the same as
‘cooking the books,’ is seen in a similar light.
Cooking the books refers to falsifying a company’s
their financial statements.

27. References..
 KSOU study material on accounting
theory and practice by Academic
Section 2014
 WWW.SLIDESHARE.NET
 www.yourarticlelibrary.com

32. THANK YOU