Difference between revisions of "Window-dressing technique"
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| − | [[ | + | A [[window-dressing technique]] (alternatively written, [["window dressing" technique]], or, simply, [[window dressing]]) is a variety of techniques employed by firms to make their financial statements look better than they really are. |
Latest revision as of 03:08, 15 December 2019
A window-dressing technique (alternatively written, "window dressing" technique, or, simply, window dressing) is a variety of techniques employed by firms to make their financial statements look better than they really are.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Window dressing. Techniques employed by firms to make their financial statements look better than they really are.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
