Question
Q1. (a) Explain briefly, in your own words, what is meant by Creative Accounting? (b) Explain briefly, in your own words, what is meant by
Q1. (a) Explain briefly, in your own words, what is meant by Creative Accounting? (b) Explain briefly, in your own words, what is meant by Window Dressing? (c)Either pick a company of your choice (listed on Pakistan Stock Exchange) or create a hypothetical company (in this case you will have to provide details of the business you are assuming). Create an example, in which the company you have chose makes use of: i) Creative Accounting ii) Window Dressing (d) As an Analyst, explain what can you do to detect Creative Accounting and Window Dressing?
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