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CREATIVE ACCOUNTING ENGLISH FOR ACCOUNTING
OVERVIEW Vocabulary Listening Useful phrases Practice Homework
Creative accounting Off-balace sheet accounting is when companies present or organize their accounts in such a way that they gain money for themselves or give a false impression of their profits. Off-balance sheet (OBS) items is a term for assets or liabilities that do not appear on a company's balance sheet.
VOCABULARY Make sentences with new words Ex: The company is trying to pay off its debts

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