Cook the Books

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Cook the books

To deliberately falsify the financial statements of a company. This is an illegal practice.

Cook the Books

Informal; to falsify an accounting statement deliberately. Cooking the books usually involves overstating revenue and/or understating expenses. A person can use aggressive accounting to cook the books by using creative ways to make a company look healthier than it is. More directly, a person can simply lie on a financial statement. Cooking the books is illegal.

cook the books

To distort a firm's financial statements. For example, a manager may intentionally overstate sales or understate expenses in order to create high net income.

Cook the books. When a company cooks the books, it is deliberately -- and illegally -- providing false information about its financial situation to bolster its stock price, often by overstating profits and hiding losses.

A company may also cook the books to reduce its tax liability, but then it stirs in the opposite direction by underreporting profits and overstating losses.

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Book capitalize special-purpose entity			The FBI on Friday arrested two computer programmers allegedly employed by Wall Street conman Bernard Madoff to cook the books in his decades-long, multi-billion dollar Ponzi scheme. FBI arrests Madoff computer programmers by AFP / AFP American Edition The FBI on Friday arrested two computer programmers allegedly employed by Wall Street conman Bernard Madoff to cook the books in his decades-long, multi-billion dollar Ponzi scheme. FBI arrests Madoff computer programmers by AFP / AFP Global Edition It is also easier in such places for governing parties to cook the books -- although it would be patronizing to imagine that corruption is a problem only in the newer democracies. Editorial: Afghan election by Arab News (Jeddah, Saudi Arabia)			Convertibilidad de la moneda Convertibilite de la monnaie Convertibility Convertible Convertible 100 Convertible Adjustable Preferred Stock Convertible Arbitrage convertible ARM Convertible Bond Convertible Currency Convertible Debenture Convertible Eurobond Convertible Exchangeable Preferred Stock Convertible Floating-Rate note Convertible Hedge Convertible Preferred Stock Convertible Price Convertible Security Convertible Subordinate Note Convertible Term Convex Convexity convey Conveyance Conveyance Tax Cook the Books Cookie Jar Accounting Cooling Degree Day cooling off period Cooling-Off Period Cooling-Off Rule Coop cooperating broker Cooperativa Cooperativa de credito Cooperative cooperative apartment Cooperative Education Coordinate bancarie COP Copayment Copenhagen Stock Exchange Copertura Coppock Curve Copropiedad Copyright Core Bank Core Capital Core Competence Core earnings core factor			Cook Islands Cook Islands Cook Islands Christian Church Cook Islands Maori Cook Islands Ministry of Agriculture Cook Islands National Council of Women Cook Islands National Party Cook Islands Noni Marketing Ltd. Cook Islands People's Party Cook Islands Trading Corporation Cook Islands Trust and Banking Corporation Cook Islands Workers Association Incorporated Cook Islands/Military Cook Islands/Military Cook Memorial Public Library District cook out cook out Cook Partisan Voting Index Cook Political Report Cook Post Office cook shop Cook stove Cook Strait Cook Strait Cook Strait Tuatara Cook Strait Tuatara Cook Straits Cook Straits Cook Street Project cook the accounts Cook the Books cook to perfection cook tree cook up cook up cook up cook wrasse Cook's cabbage Cook's cabbage Cook's Continental Timetable Cook's Pest Control Cook's Petrel Cook's tour Cook's tours Cook, Captain James Cook, Captain James Cook, David J. Cook, Ebenezer Cook, Frederick Albert Cook, George Cram Cook, James Cook, James Cook, Joe Cook, Little, Rosenblatt, and Manson Cook, Mount Cook, Peter (Edward) Cook, Peter (Edward) Cook, Sir Joseph Cook, Thomas Cook, Thomas Cook, Will Marion

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