Abstract:
Creative accounting has become very interesting topic recent{y in the overall world.
Despite the wide spread of creative accounting practices, the academic studies are still
few in Sri Lankan context. The area techniques, reasons, and prevention of creative
accounting practices were varied. The Purpose of this study is to measure the Level of
Motivation of Creative Accounting Practices in Sri Lanka: Perspective of Accounting
Professionals.
The study attempt to fillthis knowledge gap. The objective of the study is to identify
the level of Management Expectations, Shareholders' Expectations, Internal Control
Effectiveness, Relative Advantages, Competitive Performance, and Government
Regulations, identify how the level of factors varies with the general information. To
achieve these objectives data was collected from 78 accounting professionals using
structured questionnaire through google forms. The five Likert point scale was used
which ranging from "Very low level" to "Very high level". Convenience sample
method used to make sampling framework of the study and the data were analysed
through Univariate analysis by using IBM SPSS Statistics 22.
The results show that high influencing level of shareholders' expectations and
competitive performance, moderate influencing level of management expectations,
internal control effectiveness, relative advantages, and government regulations to the
factors of creative accounting practices. According to the perspective of accounting
professionals, this results shows the overall level of these motivation moderate level fo
the creative accounting practices in Sri Lanka.