CREATIVE ACCOUNTING AND CORPORATE FAILURES

ABSTRACT

This study seeks to investigate the correlation between the use of creative accounting and the occurrence of corporate failure in Nigeria. To facilitate the analysis, a total of 100 survey questionnaires were disseminated, and 87 copies were obtained and utilized. The Statistical Package for the Social Sciences, 22.0, was utilized in the data analysis.

The results of this study are presented below.

i. Nigerian corporate failures are significantly impacted by creative accounting practices

ii. There is a significant reason why corporate entities in Nigeria use creative accounting methods.

iii. Creative accounting misleads users of financial statements.