what is window dressing in final accounts?

Answer Posted / p.vamseekrishna

prepartions of profit & loss A/C & balance sheet with false
or inflacted figures to show higher profits during the year
and better state affairs as at the end of the year to
create a better impressions in the mind of those persons or
institutions who use it or to whom it is presented to
create favourable impression or decision through unlawful
or unethical methods or methods.

Is This Answer Correct ?    8 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is tribal area allowance means

2712


What are the activities that are included in the cash flow statement?

573


I m entering much more than 500-700 sales vouchers per month. But I m getting a problem while entering sale voucher is that If I have entered a sale voucher in the middle of a date then the voucher no is being changed. So how can enter a sale voucher in the middle of a date so that i can adjust the voucher nos from changing.

963


Can you send me advertisement format for lost of E-1 form. kindly do the needful urgently. Thanks AP

1507


What qualities have you got that would make you a good accountant?

610






Tell me do you possess any knowledge about accounting standards?

598


In the case of stock transfer from one branch to another branch any reverse credit is applicable.

1573


how to finalised the Balance sheet & profit & loss A/C

1835


How to pass accounting entry for a tender cost and under which head? and how to show joint venture in venture's accounting books?under which head?

2101


how much cash transaction to single transport company per day and also per year

1118


Sir i want to ask that if the salary above 6500/- than also pf deduct.

1419


If the company acquires equipment prior to incorporation what are the accounting entries?

1188


What are the purposes of maintaining control ledgers?

661


Mention what is bank reconciliation?

760


simply define shares and debentures

1086