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What ways are the example of window dressing happen in the company financial report?
Wiki User
∙ 12y ago
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/
Wiki User
∙ 12y ago
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