Define: Window Dressing

UK Accounting Glossary

Definition: Window Dressing


Quick Summary of Window Dressing




What is the dictionary definition of Window Dressing?

Dictionary Definition


Window dressing refers to any practice that attempts to make a situation look better than it actually is.

Window dressing has often been used extensively by accountants to improve the appearance of balance sheets.

In the past, banks used to call in their short-term loans and postpone making payments at the end of their financial years, in order to display spuriously high cash balances.

Another more nefarious example, is when a company borrows cash from an associate in order to disguise a short-term liquidity/cash flow problem.

These practices fall under the remit of the Financial Reporting Council (FRC).


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Window Dressing. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 20, 2019 https://payrollheaven.com/define/window-dressing/.
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Window Dressing. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/window-dressing/ (accessed: September 20, 2019).
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Window Dressing. PayrollHeaven.com. Retrieved September 20, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/window-dressing/

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This glossary post was last updated: 29th January 2019.