Значение слова "COOK THE BOOKS" найдено в 4 источниках

COOK THE BOOKS

найдено в "Investment dictionary"
Cook The Books: translation

A buzzword describing fraudulent activities performed by corporations in order to falsify their financial statements. Typically, cooking the books involves augmenting financial data to yield previously non-existent earnings.

Examples of techniques used to cook the books involve accelerating revenues, delaying expenses, manipulating pension plans and implementing synthetic leases.

During the first couple of years of the new millennium, large Fortune 500 companies such as Enron and WorldCom were found to have been cooking the books to improve their financial figures. The resulting scandals gave investors and regulators a rude awakening concerning the reality that companies were hiding the ugly truth between the lines of financial data.

In order to rally investor confidence, the Sarbanes-Oxley Act of 2002 was created. This act of Congress created policies to protect investors against future incidents of corporate fraud.


найдено в "Financial and business terms"
cook the books: translation

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

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cook the books INFORMAL
to give false information in a company's accounts in order to gain an advantage: »

By cooking the books, directors grossly misled investors about the company's financial health.

Main Entry: ↑cook


найдено в "Англо-русском экономическом словаре"
учет, фин., разг фабриковать [стряпать\] бухгалтерские книги* (сознательно подтасовывать, фальсифицировать бухгалтерские данные для создания неправильного впечатления о делах компании, напр., чтобы произвести благоприятное впечатление на инвесторов, скрыть доходы от налогообложения и т. п.)
See:
Chinese accounting, creative accounting, window dressing

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сознательно подтасовать (фальсифицировать) бухгалтерские данные для создания неправильного впечатления о делах компании.
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/vi/ выполнять операции в книге счетов


найдено в "Dictionary of American idioms"
cook the books: translation

cook the accounts & cook the books
to cheat in bookkeeping; to make the accounts appear to balance when they do not. •

Jane was charged with cooking the accounts of her mother's store.

It's hard to tell whether she really cooked the accounts or just didn't know what she was doing.



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