According to the principle of creative accounting, the accounting concepts still allow flexible choices as follows: First, the historical cost concept shows all values ​​based on historical costs in the statement financial. However, market values ​​(asset price levels) change rapidly over a period such that when accountants calculate a company's assets, current values ​​may distort. Therefore, in some cases, revaluations are permitted for long-term assets in order to make accounting information more relevant. Secondly, while the concept of prudence recognizes an asset only at a value less than or equal to the amount expected to be recovered from its sale, so as to ensure that the amount of the asset is not overstated. On the contrary, to avoid underestimation, the amount of liabilities should not be less than the value that is likely to be paid in the future. The use of creative accounting techniques that benefit a company in choosing a better choice of accounting method in preparing financial statements. As a result, the company can make a profit...