A company does window dresssing in its financial statements to attract investors and creditors. Is it correct in your opinion? Which values are affected here?
No, it is correct in my opinion.
Values affected here are :
(i) It is cheating the investors and creditors by providind false information.
(ii) Conducting fradulent activities.
(iii) Possibility of overcapitalisation.
(iv) Dissatisfaction among employees.