What Is Cooking The Books

What Is Cooking The Books
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Cooking the books is a term used in accounting to describe the act of fraudulently altering financial records to deceive investors, auditors, or others. The perpetrators of this act can be individuals, groups, or organizations. There are a few different ways that a business can cook the books. One is to falsify the company’s financial …

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What Does Cooking The Books Mean

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When most people think of cooking the books, they think of criminals trying to hide their financial tracks by altering the books of their business. However, cooking the books can also refer to legitimate businesses that make changes to their financial statements in order to make them look better. This can be done in order …

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