The topic of this paper is deferred tax assets and creative accounting. Deferred tax assets represent the amount of income tax that will be reimbursed in the future, and possible causes are tax non-deductible depreciation, temporary non-deductible inventories, value adjustment of inventories of raw materials and provisions and provisions for harmful contracts. Creative accounting generally means manipulating financial statements to make a company look better than it is, but also creative accounting can help maintain or increase stock prices by reducing debt levels to lower risk and showing increased profits. Some of the accounting manipulations are revenue manipulations, sales manipulations where the buyer is entitled to a refund, manipulations with real estate, plant and equipment, and provisions and liabilities. Deferred tax assets are monitored on the example of the company Agronom, while the use of creative accounting in the Republic of Croatia is monitored on the example of Agrokor. In response to the manipulation of financial statements, the interest of forensic accountants was created in order to determine the actual condition of the reporting entity.