Open AccessKREATIVNO FINANSIJSKO IZVEŠTAVANJE O NOVČANIM TOKOVIMA
Author(s) -
Aleksandra Arsenijević,
Tadija Đukić
Publication year - 2017
Publication title -
facta universitatis. series: economics and organization
Language(s) - English
Resource type - Journals
eISSN - 2406-050X
pISSN - 0354-4699
DOI - 10.22190/fueo1702163a
Subject(s) - cash flow , order (exchange) , position (finance) , business , finance , value (mathematics) , cash flow statement , creativity , accounting , marketing , computer science , machine learning , political science , law
Financial statements should realistically show financial position, performance, and cash flows of a company. Creative financial reporting represents a deliberate manipulation of information in financial statements in order to create misperceptions on company operations. Creative financial statements are primarily intended for investors, in order to encourage them to purchase company shares and thus increase its market value. Creativity in compiling cash flow statements lies in presentation of operating activities as investing and financing activities, and vice versa.