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The term “cook” has been used colloquially in various languages to mean “falsify” or “manipulate” since at least the 17th century. “Cooking the books” draws a parallel between the alteration of ingredients in cooking and the alteration of entries in accounting books. The phrase has been used in the context of financial deception ...
cooking the books: what every accountant should know about fraud ii cooking the books iv. management’s, auditors’, and fraud examiners’ responsibilities (cont.) ...
Definition of cook the books in the Idioms Dictionary. cook the books phrase. What does cook the books expression mean? Definitions by the largest Idiom Dictionary.
8 de may. de 2024 · cook the books (third-person singular simple present cooks the books, present participle cooking the books, simple past and past participle cooked the books) ( idiomatic) To manipulate accounting information, especially illegally . Enron Corp., once a major U.S. corporation, is now famous for cooking the books.
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16 de abr. de 2024 · A more subtle cooking the books practice is setting up expense reserves, such as the allowance for doubtful accounts, that do not reflect the actual loss rate. This can be detected by comparing the size of the allowance to the average age of all outstanding receivables ; When the average age increases, it is likely that bad debts are not being recognized.
Hace 2 días · To make fraudulent alterations to business or other accounts.... Click for English pronunciations, examples sentences, video.
