Financial statements are final products of accounting that need to present an accurate and fair view of the financial state and financial traffic of the reporting subject. In other words, financial statements must give important and valid accounting information that will serve their users during their decision making of business and other decisions. As the basic idea of creative accounting was to improve the business position of businesses with the help of the laws of legal creativity, a flexible way of applying accounting procedures was introduced. Despite the accounting rules and the basic idea of creative accounting, many companies had abused specific adjustments of accounting procedure, what in final resulted with creating manipulative accounting. In this kind of work the most attention is focused on the statement of cash flow and the technique that companies use to increase their money flow by falsification.