Abstract: Creative accounting is a practice of accounting following the certain rules of it‚ but it is fluctuated from the basic spirit of those rules. Creative accounting is the ‘colorful’ representation of a company’s assets‚ liabilities and income. It is basically done to attract investors. The example of ‘the half glass of water’ maybe pulled to explain the idea. If a glass is filled with water to its half volume‚ then instead of saying ‘it is half empty’‚ the creative accountants prefer
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Part A - Background and Business Profile of Creative Technology Ltd Creative Technology is a publicly listed‚ Singapore-based company founded in July 1981 by a Singaporean Sim Wong Hoo and is a market leader in digital entertainment products. He first set up a small shop in Singapore together with his classmates; developing and selling add on memory boards for Apple II computers and later began building Personal Computers for retail with initial start-up of $6000 from Sim’s own savings. Their
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Creative department The people who create the actual ads form the core of an advertising agency. Modern advertising agencies usually form their copywriters and art directors into creative teams. Creative teams may be permanent partnerships or formed on a project-by-project basis. The art director and copywriter report to a creative director‚ usually a creative employee with several years of experience. Although copywriters have the word "write" in their job title‚ and art directors have the word
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Creative Accounting Creative accounting is a term that often implies illegal or fraudulent practices in the U.S. (Moneyterms‚ 2006). The objective of the following paragraphs is to explore some definitions of creative accounting from different perspectives‚ discuss some advantages and disadvantages of creative accounting‚ and explain a real life example of creative accounting. Through these paragraphs I hope to also touch upon some of the ethical issues involved in engaging in creative accounting
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where he stayed for three years. In 2008 Finn went to peirce elementary school where he met some of his best friends. In 2015 Finn graduated elementary school and moved on to F.A day middle school and is now a seventh grader. Finn has been an innovative person all of his life. He enjoys doing many things in his
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Creative thinking is a process that involves creative problems solving‚ and new ideas or concepts‚ or a new way for an existing idea. Creative thinking gives people the opportunity to create something or make something better that has already existed. Creative thinking is how many items were invented. Creative thinking allows a person to create something‚ or allows a person to improve something that already exists. Logical thinking is the process in which we use reasoning consistently to
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“Creative Writing versus Technical Writing” It is often difficult to distinguish the differences and similarities between Technical Writing and Creative Writing. Writing is writing and good writing is creative writing. If we accept‚ however‚ that Technical Writing exists in its own category‚ with Creative Writing in another‚ how can we categorize creative Technical writing? One way to explore the differences and similarities between Technical Writing and Creative Writing is
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Creative Accounting AC4001 12/13/2013 ‘Many investors now believe that companies can manipulate their accounts more or less at will‚ with the aim of producing profits that increase steadily over time. Provisions are bumped up in good years and later released‚ or the value of an acquisition is slashed; there are plenty of tricks.’ In your opinion is it possible to eliminate creative accounting? I do not think that creative accounting practice can be eliminated completely. However‚ I do
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Alaa Daghache 103471792 My Creative Process Dozing off. Yes this is how my creative process starts. When I am in deep thought I tend to doze off into an object where people think I’m daydreaming. When I look away from the world I tend to ignore the details‚ the little problems things might have and just think of the abstract. When this happens I focus on what I want and the ideas that run into my head. I never thought of myself as creative or becoming creative; but after working on some projects
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rate the creativity of your thinking in solving problems. STAGES OF CREATIVE THOUGHT 1. Orientation; this is the first step in which the problem is defined‚ and important dimension of the problem is identified. 2. Preparation stage; this is the second step in which creative thinkers get accurate information for themselves pertaining to the problem as possible. 3. Incubation stage; Incubation is a temporary break from creative problem solving that can result in insight. Most major problems produce
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