Question: In the context of accounting, the term creative accounting refers to the new ways of presenting accounts that deviate from the rules of accounting to

In the context of accounting, the term creative accounting refers to the new ways of presenting accounts that deviate from the rules of accounting to present a more favourable picture of the financial condition of a company.

1 .

Explain the reasons for businesses doing creative accounting.

2 .

Discuss the ethical issues related to creative accounting.

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