The Ethics of Creative Accounting in Financial Reporting - The Challenges of Regulatory Agencies in Nigeria

Abstract:     
This paper explores the nature and incidence of creative accounting practices in corporate financial reporting within the context of ethical considerations and the challenges faced by the Regulatory Authorities in Nigeria. Given corporate failures and frauds among Nigeria firms. The paper explores conceptual issues in creative accounting and the reasons that drive company directors to engage in creative accounting. Furthermore, the paper considers the various ways in which creative accounting can be undertaken and summarizes some empirical research on the nature and incidence of creative accounting. The ethical dimension of creative accounting is discussed, drawing evidence from several empirical studies.

Number of Pages in PDF File: 12

Keywords: creative accounting, financial reporting

Accepted Paper Series