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Manipulation of Accounts to show a better position is referred to as _.?

1. Secred Reserve 

2. Window Dressing.

3. True and Fair view 

4. None of the above.

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Question added by Majid Wangade , Senior Accountant , KANTOUR LIMITED COMPANY ( Real Estate, Construction and Asset Management )
Date Posted: 2017/02/20
Rekha Sasidharan
by Rekha Sasidharan , cashier, Accountant, inventory & Cost controller , U.S.Embassy Recreation Association

 It is called as window dressing. This is a kind of manipulation in order  to show  the companies financial  statements look more attractive to the stakeholders.Window dressing can occur at any time but mostly used at the end of a period.

 

Muhammad Assad Niazi
by Muhammad Assad Niazi , Internal Audit Manager , Talal Abu Ghazaleh

None of the above.

It's called Fraud

Ajaykumar Munni
by Ajaykumar Munni , Assistants Finance Manager , Credit Sudhaar Finance Pvt Ltd

2. Window dressing: normally companies do window dressing to impress existing stakeholders or to impress potential investors/ shareholder.

Boniface Ndirangu
by Boniface Ndirangu , Finance Assistant , Intra Health International: FUNZO Kenya/Afya Elimu Fund

 

  • Window Dressing.

    This is the act or strategy of presenting accounts or reports in a manner that will make them look favourable.

Kervin Martinez
by Kervin Martinez , Accounting Senior Specialist A4 - General Ledger , Emerson Process Management

the answer is Window Dressing

imran javed
by imran javed , Accounts & Finance Officer , Sakina shafi Enterprises

 

  • Manipulation of Accounts to show a better position is called WIndow Dressing.

    Window dressing is actions taken to improve the appearance company's financial statements. 

Vasim  Shaikh
by Vasim Shaikh , Accounts Manager , Knowledge Corporation LLC / Gulf research Center

None of this above. Since manipulation given a false information and it is not material.

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