False Accounting

False accounting involves deliberately manipulating financial records to present a misleading view of a company's financial health. This can include understating expenses, overvaluing assets, or creating fake transactions. The intent is often to make the company appear more profitable or stable than it truly is, which can deceive investors, creditors, and regulators. False accounting is illegal and can lead to serious legal consequences, damage trust, and harm stakeholders when uncovered. It undermines the integrity of financial reporting and distorts the true financial position of the organization.