# Balance sheet cosmetics (window dressing)

- Canonical URL: https://www.gerhardmerk.de/balance-sheet-cosmetics-window-dressing
- Post ID: 594932
- Modified: 2023-07-25T21:00:01+00:00
- Language: en

## Definition

The misleading of the public by making statements in the balance sheet that do not correspond to the facts, usually with the aim of whitewashing (window-dressing). This is made almost impossible for banks by regulators through very detailed accounting and reporting rules. - See disclosures, disguised, off-balance sheet, stock market fraud, accounting, creative, corporate governance, enforcement, track record, financial reporting, information overload, intra-quarter ballooning, crystallization, management compensation, abusive, cherry-picking, factual design, consistency, substance-over-form principle, ultimate factoring, loss camouflage, understandability. - Cf. ECB Monthly Bulletin, May 2005, p. 93 ff. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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