Cook the Books Meaning: Definition and Explanation of the Idiom
The idiom “cook the books” refers to the illegal or unethical practice of manipulating financial records. It involves falsifying, altering, or concealing accounting information to present a misleading picture of a company’s financial health. Such deceptive practices can distort profits, hide losses, or inflate asset values to deceive stakeholders, regulators, or investors. Understanding this idiom…