Meaning of the word "creative accounting" in English

What does "creative accounting" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

creative accounting

US /kriˈeɪtɪv əˈkaʊntɪŋ/
UK /kriˈeɪtɪv əˈkaʊntɪŋ/
"creative accounting" picture

Phrase

1.

the use of accounting methods to make a company's financial performance look better than it actually is, often by bending or breaking accounting rules

Example:
The company was accused of using creative accounting to hide its debts.
Regulators are cracking down on companies that engage in creative accounting practices.
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