creative accounting

English

Noun

creative accounting (uncountable)

  1. (business, euphemistic, sometimes humorous) Financial accounting practices which are usually not explicitly illegal, but which are unorthodox, imaginative, usually misleading, and of questionable ethics.
    • 2002 December 23, R. Boyes, R. Owen, A. Sage, “Europe's economies face a winter of discontent”, in The Times, London:
      Italy’s public deficit is within the EU limit of 3 per cent of GDP, but only with the help of some creative accounting by the Government’s number-crunchers.

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