What is financial statement window dressing? What are the likely areas where Management can window dress in a financial statement?

One word to describe window dressing is Embellishment, actions taken to improve the appearance of a company's financial statements

areas where Management can window dress in a financial statement?

• Cash. Postpone paying suppliers, so that the period-end cash balance appears higher than it should be.
• Accounts receivable. Record an unusually low bad debt expense.
• Fixed assets. Sell off those fixed assets with large amounts of accumulated depreciation associated with them, so the net book value of the remaining assets appears to indicate a relatively new cluster of assets.
• Revenue. Offer customers an early shipment discount, thereby accelerating revenues from a future period into the current period.
• Depreciation. Switch from accelerated to straight-line depreciation in order to reduce the amount of depreciation charged to expense in the current period.
• Expenses. Withhold supplier expenses, so that they are recorded in a later period.