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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outcomes such as productivity and quality; because creative thinking increases the quality of solutions to organizational problems‚ helps to stimulate profitable innovations‚ revitalizes motivation‚ upgrades personal skills and catalyzes effective team performance. Therefore organizations must motivate creative thinking because it is obvious that the success of businesses in the rapidly changing future will be determined by their ability to become more creative. Definition of Creativity: Creativity is
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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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Complete the following for each theory stated in the syllabus. Name of theory: Psychoanalytic History: The founder of psychoanalysis‚ Sigmund Freud‚ laid a sold psychological foundation for future psychoanalysts to build upon and improve. By 1900‚ Freud had conjectured that dreams had symbolic significance‚ and generally were specific to the dreamer. In 1905‚ Freud published three Essays on the Theory of Sexuality [16] in which he laid out his discovery of so-called psychosexual stages. By
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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 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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Exhibit 4: Survey Questions for Power users - Medium/Large corporates 13 Exhibit 5: Survey Questions for Power users - Student/Faculty/Individuals 14 Exhibit 6: Survey Questions for One-time Users - Student/Faculty/Individuals 15 Exhibit 7: Adobe Creative Cloud Plan Options 16 Exhibit 8: Adobe Systems Income Statement 17 Additional References 18 Company Background Adobe Systems Incorporated is a multinational software company headquartered in San Jose‚ California‚ United States. Adobe was
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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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