Fake accounting

Fake accounting, also known as accounting fraud, involves deliberately manipulating a company's financial records to misrepresent its true financial health. This can include inflating revenues, understating expenses, or creating false transactions to make the business appear more profitable or solvent than it really is. The goal is often to deceive investors, creditors, or regulators, or to boost stock prices. Such practices can lead to serious legal consequences and undermine trust in the company. Essentially, fake accounting is an intentional distortion of financial information to create a false picture of a company's financial performance.