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Joannemicheal Posted 22 years ago
Grammar

Help required

Could someone tell me What does ''Cooking the books " I know it is slang for financial irregularity but what would be the correct English usage instead of using this phrase. Also anothe r word for " over - reporting " a financial statement . Could someone tell me which site would help me get this type of information. Thank you for your time and help in advance.
  

Top answer

Hi Joanne, Cooking the books - translation - committing fraud. When you over-report something, you inflate the result through artificial means. For example, the prior management team at Northern Telecom is alleged to have over-reported the company's earnings during the past couple of years in order to receive larger management bonuses.

— MountainHiker

  • Hi Joanne, Cooking the books - translation - committing fraud.
  • When you over-report something, you inflate the result through artificial means.
  • For example, the prior management team at Northern Telecom is alleged to have over-reported the company's earnings during the past couple of years in order to receive larger management bonuses.
  • As a consequence, they were fired and new executive management team has been put in place.
  • gov /"]SEC website[/url].
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3 Answers
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Hi Joanne,

Cooking the books - translation - committing fraud.

When you over-report something, you inflate the result through artificial means. For example, the prior management team at Northern Telecom is alleged to have over-reported the company's earnings during the past couple of years in order to receive larger management bonuses. As a consequence, they were fired and n
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Thank you so much for your help. I really appreciate it .

Regards

Joanne
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