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Literary evaluation on creative accounting applied to IFRS

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  • Sola, Jose Luis

Abstract

This descriptive paper aims to relate the application of creative accounting with current International Financial Reporting Standards (IFRS), with the objective of analyzing the measure to which standards can be used to shape the benefits of companies in conservative and optimistic scenarios according to the Convenience. The methodology applied was the inductive method through the literature review considering aspects such as basic definitions about creative accounting, followed by their reasons for putting it into practice. This essay exposes various adjustments of international accounting standards using creative accounting. After introducing several concepts, techniques and analysis, a revised case study was applied to the main outcome of a benchmarking of real, optimistic and conservative scenarios of a company using IFRS and the impact analysis of the application of creative accounting in its financial statements. In addition, with the literature found, a systematic review was conducted to obtain an analysis of data on the literature published from 2000 to 2016 related to creative accounting issues in IFRS / NIC and the interest of study through its historical evolution.

Suggested Citation

  • Sola, Jose Luis, 2019. "Literary evaluation on creative accounting applied to IFRS," MPRA Paper 110073, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:110073
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    References listed on IDEAS

    as
    1. Ch. Spathis & M. Doumpos & C. Zopounidis, 2002. "Detecting falsified financial statements: a comparative study using multicriteria analysis and multivariate statistical techniques," European Accounting Review, Taylor & Francis Journals, vol. 11(3), pages 509-535.
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    More about this item

    Keywords

    Normas Internacionales de Información Financiera; NIIF; Normas Internacionales de Contabilidad; NIC; contabilidad creativa; gestión de beneficios; regulaciones contables.;
    All these keywords.

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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