falsified accounting
[/fɔːlsɪfaɪd əˈkaʊntɪŋ/]
nounpl: falsified accounting records
contabilidade falsificada
1. The practice of deliberately altering, manipulating, or misrepresenting financial records, statements, or accounts to conceal the true financial condition of a business or individual
The company was prosecuted for falsified accounting that concealed billions in losses.
A empresa foi processada por contabilidade falsificada que ocultava bilhões em perdas.
2. The intentional creation of fraudulent financial documentation to deceive investors, creditors, or regulatory authorities
Falsified accounting practices led to the company's downfall and executive arrests.
Práticas de contabilidade falsificada levaram ao colapso da empresa e à prisão de executivos.
In both Brazilian and American business cultures, falsified accounting represents a serious crime with severe legal consequences. In Brazil, it falls under Lei nº 6.404/1976 (Corporate Law) and other federal statutes. High-profile cases like Enron (USA) and companies involved in major financial scandals have heightened awareness and regulatory scrutiny. This practice is stigmatized in professional and legal communities as it violates ethical standards and undermines market trust.
NYC Slang
cooking the books
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