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cook the books

   Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson 0.04 sec.
cook the books (informal)
to record false information in the accounts of an organization, especially in order to steal money. One of the directors had been cooking the books and the firm had been losing money for years. (usually in continuous tenses)
See also: book, cook


cook the books
to keep false financial records for an organization. We're not going to cook the books or lie about the health of our business.
See also: book, cook

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Deaton's mission would be tricky: Cook the books so that the utility can continue to ratchet up rates and funnel more money into the city's general fund while concealing the waste and bureaucratic decadence that might enrage the public.
Of course, it's easy for Rabbi Gross-Schaeffer or me to conclude that Vinson should have quit her job the first time she was asked to cook the books.
This isn't an exercise in objectivity: While the authors do believe that at many companies, "option-induced avarice spurred corporate chieftains to cut corners, cook the books and dupe investors into buying shares at inflated prices," they also contend that "most corporations in America would enjoy more motivated workers and larger profits if they embraced partnership capitalism centered around employee stock options.
 
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