A Study on Creative Accounting Practices in Indian Financial Sector
Author(s):
CH.Deepthi
Keywords:
Accounting, Creative accounting, financial sector, Accounting practices, Earnings.
Abstract
Nowadays, the Creative Accounting effort is gradually believed as an improvement in the field of accounting. Creative accounting is considered as one of interesting subject in accounting studies and it is well-defined as conscious behavior made to reduce periodic fluctuations of earnings. Creative Accounting is a disconcerting bought up to the process of keeping books of accounts by the rules of standard accounting practices to obtain the chosen results. The study has been piloted to get an in-depth view of accounting practices employed by corporations, in India which come under Creative Accounting. It also studies the purposes and causes of agreeing such untrue exercise by the financial corporations. It was also noticed that constant use of accounting misleads the basic objective of making accounts and financial reports and threatens the integrity of financial recording. Motivationally, creative accounting is a qualitative item affected by several factors. A brief explanation of practices employed by the Indian Financial Sector namely HDFC Bank, ICICI Bank, Nagarjuna Finance Ltd, Home Trade, CRB Capital markets Ltd etc. has been shown. This article is also an effort to learn the relation between Creative Accounting and Practices in Indian financial sector which also encloses the analysis of possible solutions for the creative accounting problem.
Article Details
Unique Paper ID: 153806

Publication Volume & Issue: Volume 8, Issue 8

Page(s): 52 - 57
Article Preview & Download


Share This Article

Conference Alert

NCSST-2021

AICTE Sponsored National Conference on Smart Systems and Technologies

Last Date: 25th November 2021

SWEC- Management

LATEST INNOVATION’S AND FUTURE TRENDS IN MANAGEMENT

Last Date: 7th November 2021

Go To Issue



Call For Paper

Volume 10 Issue 1

Last Date for paper submitting for March Issue is 25 June 2023

About Us

IJIRT.org enables door in research by providing high quality research articles in open access market.

Send us any query related to your research on editor@ijirt.org

Social Media

Google Verified Reviews

Contact Details

Telephone:6351679790
Email: editor@ijirt.org
Website: ijirt.org

Policies