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Creative accounting practices are common outside of England as well. In Spain, some companies were found to be overstating profits and understating liabilities through questionable accounting methods. While lax oversight and enforcement of accounting standards have allowed creative accounting to persist, regulators in Spain are working to strengthen rules and increase transparency to curb deceptive practices and protect investors.
Creative accounting practices are common outside of England as well. In Spain, some companies were found to be overstating profits and understating liabilities through questionable accounting methods. While lax oversight and enforcement of accounting standards have allowed creative accounting to persist, regulators in Spain are working to strengthen rules and increase transparency to curb deceptive practices and protect investors.
Creative accounting practices are common outside of England as well. In Spain, some companies were found to be overstating profits and understating liabilities through questionable accounting methods. While lax oversight and enforcement of accounting standards have allowed creative accounting to persist, regulators in Spain are working to strengthen rules and increase transparency to curb deceptive practices and protect investors.
Creative accounting is not just an English disease
Blake, John;Salas, Oriol Amat
Management Accounting; Oct 1996; 74, 9; ABI/INFORM Complete pg. 54
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