INVESTIGATING FRAUDS IN GOVERMENT ACCOUNTING

Journal Title: Asian Economic and Financial Review - Year 2015, Vol 5, Issue 6

Abstract

The main purpose of creative accounting practices is to show financial indicators and tables of businesses different from and generally better than the originals. Although such deceptive practices are mostly performed by firms, it is observed that fiscal policy executives have turned toward creative accounting practices especially in recent years. Creative accounting practices of governments regarding government accounting practices embody with the stock-flow adjustments. The main stress of this study is that the fiscal policy executives conducts creative accounting practices especially when the fiscal rules are strict and binding, and the main precaution to be taken for the misuse of these practices is transparency of government accounting systems.

Authors and Affiliations

Kayahan Tüm| Mustafa Kemal University, Hatay, Turkey

Keywords

Related Articles

THE IMPACT OF MONETARY AND FISCAL POLICIES ON THE NAIRA EXCHAGE RATE BEWTEEN 1990 AND 2009

This study examines the effect of Monetary and Fiscal Policies on the Naira exchange rate between 1990 and 2009. This is because in recent times, there have been series of debate on the appropriate exchange rate for the...

Insurance Market Activity and Economic Growth: Evidence from Nigeria

The focus of this study is to empirically assess insurance market activities in Nigeria with the view to determining its impact on economic growth. The period of study was 1970- 2008, the study made use of insurance dens...

CORPORATE GOVERNANCE AND INFORMATION TRANSPARENCY: A SIMULTANEOUS EQUATIONS APPROACH

The purpose of this paper is to review the relationship between corporate governance mechanisms and information transparency. In this paper, we aim to answer the important questions of whether corporate governance affect...

HOW IS THE RISK TOLERANCE OF INDIVIDUAL INVESTORS IN KYRGYZSTAN?

Investment and saving behaviour of individuals are important issues in the economies. Risk tolerance of investors affects the investment decisions. In Kyrgyzstan, a transition economy, while the investment resources are...

PREDICTIVE POWER OF FINANCIAL RATIOS WITH REGARD TO THE TURKISH BANKING INDUSTRY: AN EMPIRICAL STUDY ON THE STOCK MARKET INDEX

In this study, it is examined whether changes in the stock market index can be explained by the change in financial ratios. Financial statements of 11 conventional and 2 participation banks for a total of 13 banks (repre...

Download PDF file
  • EP ID EP2212
  • DOI -
  • Views 497
  • Downloads 36

How To Cite

Kayahan Tüm (2015). INVESTIGATING FRAUDS IN GOVERMENT ACCOUNTING. Asian Economic and Financial Review, 5(6), 890-907. https://europub.co.uk./articles/-A-2212