Creative accounting practices and its effects on financial reporting.
| dc.contributor.author | FRIMPONG, HENRIETHA | |
| dc.date.accessioned | 2025-03-12T11:01:12Z | |
| dc.date.available | 2025-03-12T11:01:12Z | |
| dc.date.issued | 2016-11 | |
| dc.description | A Thesis Submitted To The Department Of Accounting And Finance In Partial Fulfillment Of The Requirements For The Degree Of Master Of Business Administration (Accounting Option). | |
| dc.description.abstract | The study sought to describe the relationship between creative accounting practices and financial reporting based on the views of accounting professional in Kumasi. The study specifically aimed to investigate how tax management techniques influence financial reporting, the influence of change in accounting policy and financial reporting, the use of revenue recognition and financial reporting and the application of cost estimates in the financial reports. The study was designed as a descriptive research. Data was collected from selected accounting professionals in the Kumasi Metropolis. In all, eighty (88) accounting professionals participated in the research. The respondents were selected using convenient sampling technique. A structured questionnaire was used to collect the data from the eighty (88) respondents. The study was analyzed with the use of SPSS tools to derive frequencies, percentage, means and standard deviations for the interpretation of the data collected. The findings of the research,even though showed positive relationship between the study variables; creative accounting (tax management, change in accounting policy, revenue recognition, cost recognition) and the preparation of financial report, change in accounting policy recorded the least of all the variables. As majority of the respondents agreed to the influence of tax management, revenue recognition, and cost revenue on financial reporting, few respondents agreed to the importance of change in accounting policy and financial reporting. Based on the major findings, the study recommends that even though creative accounting is not illegal, regulatory bodies should continue to encourage companies and accounting professionals to be consistence with the International Accounting Standards in order to present financial report to increase the confidence of investors and tax agencies. Also, honest and good ethical conduct of accounting professional is required to reduce the incidence of creative accounting practices in Ghana. | |
| dc.description.sponsorship | KNUST | |
| dc.identifier.uri | https://ir.knust.edu.gh/handle/123456789/16391 | |
| dc.language.iso | en | |
| dc.publisher | KNUST | |
| dc.title | Creative accounting practices and its effects on financial reporting. | |
| dc.type | Thesis |