THE ACCOUNTING PROFESSION BETWEEN NORMS AND CREATIVITY

In an accounting system with a lot of regulations, in which entities are offered the possibility to choose out of a series of options as regards the presentation of operations in accounting, in a system in which the information users’ decisions mainly rely on what the financial statements reveal, it is to every company’s interest to have as good an image as possible, an image which should open new ways for development. These are elements which could lead to the application of creative accounting, by manipulating accounting values, in compliance with accounting laws and standards in effect. Creative accounting is a topic of widespread interest worldwide; in Romania, there is evidence that the relationship with banking institutions, fiscal authorities and third parties are focused on.