Wykorzystywanie rachunkowości agresywnej przez menedżerów i jej konsekwencje dla wierzycieli na przykładzie spółki handlowej branży rolniczej
The use of aggressive accounting by managers and its consequences for creditors

Summary/Abstract: The article presents a case study of a company in which the use of aggressive creative accounting led to a fraud on non-bank creditors amounting to about 26 million PLN and suppliers of raw materials to approximately 20 million PLN. The main factors that caused this situation were: 1) performance of ownership and managerial functions by first-line relatives; 2) excessive expansion of support services not contributing to company’s income creation; 3) faulty accounting system not ensuring effective control; 4) ineffective auditing of financial statements.

• Details
• Contents