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What is mean by Window Dressing in Financial Terms ?

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تم إضافة السؤال من قبل Shaikh Najib , Finance Manager , Riyadh Investment Co. Ltd.
تاريخ النشر: 2019/05/27
Naveed Arshad Khawaja
من قبل Naveed Arshad Khawaja , PPP Chief Specialist , Department of Finance - Dubai Government

Window dressing refers to steps or actions undertaken to improve a company's financial statements. For example delaying supplier payments so that the expenses are recorded in the later period and the current period looks more profitable. Or selling an asset before the end of the accounting period to show more liquidity in the company, etc.

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