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COOK THE BOOKS definition: 1. to change numbers dishonestly in the accounts (= financial records) of an organization…. Learn more.
The term “cook the books” emerged in the early 20th century as a metaphorical reference to altering financial records in order to present false information about a company’s financial health. This practice can lead to serious consequences such as legal action or bankruptcy.
31 ago 2024 · Cook the books is a slang term for using accounting tricks to make a company's financial results look better than they really are. Typically, cooking the books involves manipulating...
What's the meaning of the phrase 'Cooking the books'? The deliberate distorting of a firm’s financial accounts, often with the aim of avoiding the payment of tax. What's the origin of the phrase 'Cooking the books'? Cooking seems a rather odd choice of word to convey fraud.
cook the books. To falsify financial records for a company or organization. My partner had been cooking the books for years, but because I was the CEO, I got the blame for our company's collapse.
21 lug 2024 · Cook the books is an idiom that means to change financial records to make a company look like it has more money than it really does. This is illegal and dishonest. It is often done to avoid paying taxes or to attract investors by making the business seem more successful.
“Cooking the books” is a colloquial expression we use in English to describe manipulating financial records fraudulently or deceptively. The whole idea is usually undertaken by people or businesses to make them look more financially successful than they are or hide how much money they made to cheat on taxes.
The meaning of COOK THE BOOKS is to alter official accounting records in order to deceive or mislead. How to use cook the books in a sentence.
Falsify a company's financial records, as in An independent audit showed that they've been cooking the books for years . This slangy phrase was first recorded in 1636.
29 gen 2022 · From synthetic leases to inflated revenues, companies employ a variety of cooking-the-books accounting methods to mislead investors.
