IIARD International Institute of Academic Research and Development

INTERNATIONAL JOURNAL OF ECONOMICS AND FINANCIAL MANAGEMENT (IJEFM )

E-ISSN 2545-5966
P-ISSN 2695-1932
VOL. 10 NO. 4 2025
DOI: 10.56201/ijefm.v10.no4.2025.pg58.69

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Creative Accounting and Entity Operational Environment: The Nigerian Moral Experiments

Ukaegbule, Ogechi H PhD, Akpelu Azunna E PhD, Obiah, Mmadubuike Emmanuel

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Abstract

This study is an empirical investigation into creative accounting and its moral justification in Nigeria. The population comprised firms of chartered accountants and accountants in academic. The sample consisted of 110 respondents (accountants). The major instrument used for generating the primary data was a questionnaire, which was designed by the researchers based on a five- response option of Likert type Scale. The data generated were analyzed through Generalized Least Square Technique (GLST). A total of 110 questionnaires were administered on the respondents, out of which 70 were retrieved for analysis. The study revealed that creative accounting practices have adverse effects on the quality of financial information. From the findings, it was recommended that entities should comply with the new International Financial Reporting Standard (IFRS) in order to reduce creative accounting practices. The introduction of punitive measures could also assist in curbing the act of creative accounting in Nigeria.

Creative Accounting, International Financial Reporting Standards, Auditing, Forensic Accounting.

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