Window Dressing : “Window dressing is the act of manipulating the financial statements of an entity so as to show a better financial position and performance than their actual existence. It is a form of creative accounting and while the financial statements may have been prepared in accordance with proper accounting standards there is bias in the way the figures are presented”. It can be used to hide liquidity problems or to make the financial statements look better to present to lenders of finance or to encourage investors.
