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It is making a situation appear better than it actually is. For example, in the case of a US firm with a foreign subsidiary...the firm may want to borrow money in the foreign country because the rates are lower there. So the firm makes the subsidiary profits appear better than they actually are so it is easier to get a loan in that country.

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Q: What is 'window dressing' in accounting and finance?
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Related questions

Which is the correct term is that accounting finance or Finance accounting?

Accounting and Finance


What ways are the example of window dressing happen in the company financial report?

Window Dressing in accounting refers to fudging the financial statements to throw a sound financial position and rosy picture about a company. It is not an illegal practise yet it is unethical. There are various reasons for manipulating the financial statements.Ways in which one conducts accounting gimmicks are: 1. Income Smoothing 2. Changing Depreciation policy 3. Changing Stock Valuation policy etc Detailed information is available at: http://financenmoney.in/financial-statements-window-dressing-and-accounting-frauds/


When was A Guide to Window-Dressing created?

A Guide to Window-Dressing was created in 1883.


What has the author Raymond Brockington written?

Raymond Brockington has written: 'Dictionary of accounting and finance' -- subject(s): Dictionaries, Accounting, Finance 'Financial Accounting (M & E Higher Business Education Series)' 'Accounting for Intangible Assets' -- subject(s): Accounting, Intangible property 'A concise dictionary of accounting and finance' -- subject(s): Dictionaries, Accounting, Finance


How many pages does A Guide to Window-Dressing have?

A Guide to Window-Dressing has 80 pages.


Computer application in finance and accounting?

Yes, computer applications are used greatly in the field of finance and accounting.


Why should you understand finance or accounting?

U Should understand the Basic Finance & Accounting, Bcz in our life indirectly we are using finance and accounts, if we are not know the basic thing of finance and accounting means how we analyse the thing are right or wrong,


What word can go before dressing?

I suggest salad dressing, or window dressing.


What are the release dates for Window Dressing - 2012?

Window Dressing - 2012 was released on: USA: 2012 (internet)


What Education is required for finance and accounting?

For finance and accounting you have to admit in any finance school that provides finance and accounting related education. Recently i have joined Global Finance School. It is the world's easiest way to learn finance, with numerous e-books and interactive courses designed for beginners in six languages. http://www.globalfinanceschool.com


How does one train in finance accounting?

One can train in finance and especially in finance accounting at the local stock market. Also, another option is to learn from financial advisers and such.


Where can one find tips on accounting and finance?

One can find tips on accounting and finance by reading any finance book, which one can find at any library. One could also take a course at any university or community college to learn more about accounting and finance.