cook the books

The phrase "cook the books" is an idiom commonly used to describe fraudulent financial practices intended to deceive stakeholders.

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Definition

C1Finance

(idiomatic, informal)To dishonestly alter financial records to make a company's financial situation appear better.

Example

  • The CEO was found guilty of cooking the books to inflate the company's profits.

C1Business

(idiomatic, informal)To falsify financial information to mislead stakeholders or regulatory authorities.

Example

  • The accountant was fired for cooking the books to hide the company's losses.

Similar

Terms that have similar or relatively close meanings to "cook the books":

balance the bookscook upon the books