Difference between revisions of "Window-dressing"

From ACT Wiki
Jump to: navigation, search
(Create page. Sources: BIS Quarterly Review, March 2019, Oxford English Dictionary.)
 
(Mend link.)
 
(6 intermediate revisions by the same user not shown)
Line 1: Line 1:
 
1. ''Financial reporting.''
 
1. ''Financial reporting.''
  
In financial reporting, window-dressing refers to transactions, or delayed transactions, around a financial reporting date, intended to improve the reported financial position or performance.
+
In financial reporting, window-dressing refers to transactions, or delayed transactions, around a financial reporting date, intended to improve the reported financial position, financial performance, or related financial measures or ratios.
  
  
<span style="color:#4B0082">'''''Banks' year-end window-dressing'''''</span>
+
:<span style="color:#4B0082">'''''Banks' year-end window-dressing'''''</span>
  
 
:"... SOFR also exhibits volatility due to conditions in collateral markets and dealer balance sheet management.
 
:"... SOFR also exhibits volatility due to conditions in collateral markets and dealer balance sheet management.
  
:A notable recent example is the December 2018 spike, which was due to a glut in treasury markets interacting with banks' year-end window-dressing"
+
:A notable example is the December 2018 spike, which was due to a glut in treasury markets interacting with banks' year-end window-dressing."
  
 
:''Bank for International Settlements (BIS) Quarterly Review, March 2019.''
 
:''Bank for International Settlements (BIS) Quarterly Review, March 2019.''
Line 27: Line 27:
 
* [[Collateral]]
 
* [[Collateral]]
 
* [[Disclosure]]
 
* [[Disclosure]]
 +
* [[Ethics washing]]
 
* [[Financial reporting]]
 
* [[Financial reporting]]
 +
* [[Greenwash]]
 +
* [[Misstatement]]
 
* [[SOFR]]
 
* [[SOFR]]
 
* [[Statement of financial position]]
 
* [[Statement of financial position]]

Latest revision as of 12:59, 20 July 2021

1. Financial reporting.

In financial reporting, window-dressing refers to transactions, or delayed transactions, around a financial reporting date, intended to improve the reported financial position, financial performance, or related financial measures or ratios.


Banks' year-end window-dressing
"... SOFR also exhibits volatility due to conditions in collateral markets and dealer balance sheet management.
A notable example is the December 2018 spike, which was due to a glut in treasury markets interacting with banks' year-end window-dressing."
Bank for International Settlements (BIS) Quarterly Review, March 2019.


2.

More generally, any superficial or misleading presentation, designed to create a favourable impression.


Also written window dressing, without the hyphen.


See also