Factors of applying creative accounting and its impact on the quality of financial statements in Jordanian hotels, sustainable practices

ABSTRACT

The study investigates the factors that influence creative appliances in Jordanian hotels, as well as sustainable practices and their financial impact. This study aims to assist hotel management in understanding the reasons for creative accounting and assessing the impact it has on the integrity of hotel financial statements. 345 chartered accountants were included in the research sample (auditors). Jordanian hotels use good creative accounts; in other words, the hotel's financial accounts are approved by auditors because data and financial statements are manipulated in accordance with accounting rules and standards. This article discusses each creative accounting technique that can be used in hotels, to demonstrate the potential of each creative accounting method in hotels, and to evaluate the impact of each creative accounting method on the quality of the financial statements. The researchers hoped that this study would shed some light on Jordan's hotel industry.

KEYWORDS:

• Creative accounting
• financial statements
• cash flow

JEL CLASSIFICATION:

• Code: M41
• F38
• F39

Disclosure statement

No potential conflict of interest was reported by the author(s).