creative accounting

noun

any financial practices which are imaginative and misleading but not necessarily illegal; any accounting practices which deviate from standard procedure

Usage Note

slang

Slang definitions & phrases for creative accounting

creative accounting

noun phrase

Fraudulent or dubious bookkeeping; falsification of financial records in imaginative ways: secret takeover deals, creative accounting just this side of Internal Revenue Service rules/ through some very creative accounting the corporations were both depriving governments of all sorts of taxes (1970s+)