Problematics of Creative Accounting and Earnings Management in the Context of the Development of Accounting Theories
Open Access
- 28 January 2021
- journal article
- Published by Vilnius University Press in Buhalterinės apskaitos teorija ir praktika
- Vol. 22, 6
- https://doi.org/10.15388/batp.2020.28
Abstract
The beginnings of accounting can be found even in the 14st century, when trade transactions began to be recorded in the books of account. To this day, accounting has evolved at certain stages, depending on goals were set for the accounting for that period. In the article after concluding the analysis of scientific sources the following are presented: the stages of accounting development, which were influenced not only by different Anglo-Saxon, Germanic and Latin accounting systems, but also by economic and political factors; the influence of accounting on the development of accounting theories is revealed. The concept of positive accounting theory, assumptions for manipulating accounting and the concept and application methods of earnings management and creative accounting are presented. Based on the research, a model of multi-paradigm approach is presented, in which the methodologies of normative and positive accounting theory can be fully applied. The proposed complexity of methodologies can help to solve not only the problems of creative accounting and earnings management, but also other problems of the 21st century. accounting issues.Keywords
This publication has 15 references indexed in Scilit:
- Creative accounting a tool for financial crime: a review of the techniques and its effectsJournal of Financial Crime, 2020
- Earnings management and audit quality: stakeholders’ perceptionsJournal of Management and Governance, 2017
- Accounting Choices in Corporate Financial Reporting: A Literature Review of Positive Accounting TheoryPublished by IntechOpen ,2017
- ĮMONIŲ SOCIALINĖS ATSAKOMYBĖS ATSKLEIDIMO INTERNETE PATEIKIAMOJE FINANSINĖJE INFORMACIJOJE VEIKSNIAIScience and Studies of Accounting and Finance: Problems and Perspectives, 2014
- From Creative Accounting Practices And Enron Phenomenon To The Current Financial CrisisAnnales Universitatis Apulensis Series Oeconomica, 2011
- A critique of Gray's framework on accounting values using Germany as a case studyCritical Perspectives on Accounting, 2011
- The History of Management Accounting in France, Italy, Portugal, and SpainHandbooks of Management Accounting Research, 2006
- Creative Accounting: Some Ethical Issues of Macro- and Micro-ManipulationJournal of Business Ethics, 2005
- Earnings Management: Reconciling the Views of Accounting Academics, Practitioners, and RegulatorsSSRN Electronic Journal, 2000
- Earnings Management to Exceed ThresholdsThe Journal of Business, 1999