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What is window dressing?

Auditing

Can anyone explain its significance in determining financial position?

K.V. Karthik

CA Inter

★ 34K+

09-May-20 17:07

497

Answers (5)

Showing high profits with an intension to attract the investors (simply to deceive the investors) Famous case for window dressing concept : Satyam computers scam

M Narendra

CA Inter

★ 4K+

09-May-20 17:17

M Narendra

Showing high profits with an intension to attract the investors (simply to deceive the investors) Famous case for window dressing concept : Satyam computers scam

Means showing 'improved financial position than what it really is' right?

Thread Starter

K.V. Karthik

CA Inter

★ 34K+

09-May-20 17:19

Yes

M Narendra

CA Inter

★ 4K+

09-May-20 17:26

Have any doubts regarding this Please have a look at the scam for complete details about window dressing