Abstract:
The study mainly aimed to know the extent of the impact of creative accounting on the
informational content of financial reporting, in addition, to know the extent of practicing Creative
accounting techniques in the Sudanese business environment. The study adopted the inductive
approach, historical approach and descriptive analytical approach. To achieve the objectives of the
field study, (120) questionnaires distributed to a number of employees in some Sudanese
commercial banks and industrial establishments in Port Sudan and Kasala, and its 100% collected.
The study findings revealed that, transferring current revenues to later financial periods leads to a
deliberate reduction in current profits in the income statement, not disclosing registered cash items,
influences net current assets and the amount of working capital in the financial position statement.
The study recommended that, Sudanese establishments should apply the International Financial
Reporting Standards (IFRSs) to reduce the impacts of practicing creative accounting techniques
on the informational content of financial reporting, in addition to training accountants and internal
auditors on how to detect and reduce creative accounting practices in financial reporting. |
