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What is window dressing?

Can anyone explain its significance in determining financial position?


K.V. Karthik

K.V. Karthik

CA Inter

34K+

09-May-20

90

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

M Narendra

CA Inter

4K+

09-May-20

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

K.V. Karthik

CA Inter

34K+

09-May-20

Yes


M Narendra

M Narendra

CA Inter

4K+

09-May-20

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


M Narendra

M Narendra

CA Inter

4K+

09-May-20

Making the financial statements good in order to get loan


nive krish

nive krish

CA Inter

255

10-May-20

All the Best
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