Study regarding the creative accounting techniques
in management accounting
Author:
Flavius-Andrei GUINEA
JEL:
M41
DOI:
10.20869/AUDITF/2016/142/1136
Keywords:
Managerial accounting, creative accounting,
production cost, change in managerial accounting,
altering costs, removal from stock
Abstract:
Once implemented, a managerial accounting system will
also attract the manifestation of creative accounting
phenomena, especially in times of crisis and fiscal
pressure. Having a more relevant set of information at
their disposal, managers are tempted to employ more or
less ingenious, questionable or legal techniques, in
order to improve the presentation of the financial
statements. In the current Romanian economic context,
a direct link may be observed between the creative
accounting practices, the incompetence of managers,
the decline in activity, the crisis periods and the fiscal
optimizations. A national emphasis is placed on the use
of creative accounting in order to mislead the users of
the financial statements. The study of the Romanian
managerial accounting system is characterized by a
relatively small number of field research studies,
especially with regard to organization and
implementation. In fact, our research intends to warn
about the major challenges in the perceived benefits of
organizing a modern system of management accounting
in the Romanian context. Although management
accounting has evolved continuously during recent
decades, its progress depends highly on the extent to
which the academia and managers will be able to
improve various methods and the effectiveness of
decision processes. Implementation difficulties should
be identified in a manner that is much clearer and
without neglecting the social and behavioural
implications. Emphasis should be placed on the central
role of the behavioural issues in managerial accounting.
Abstract(206KB)
Article(493KB)