Remove Balanced Scorecard Remove GAAP Remove Productivity Remove Technology
article thumbnail

On Creative Accounting: Two Creativity Myths

Harvard Business Review

An idea, behavior, or product is creative if it is both novel and appropriate to some goal. Hitler's human extermination empire was quite new in its scope, organization, and technology. As long as the new ideas cohere with ethical standards, and generally accepted accounting principles ( GAAP ), they can yield immense benefits.