double books
Two accounting records
Double books refers to keeping two separate sets of financial records—one accurate, one falsified—typically to deceive tax authorities, investors, or regulators.
The practice is a hallmark of fraud and embezzlement: The accountant had been keeping double books for years before the audit caught him.
To double-book, separately, means to schedule two conflicting appointments for the same time.
- accountingMaintaining financial records
- ledgerFinancial record book
- fraudIntentional criminal trickery
- cookedHeated for eating
- falsifiedMade deliberately inaccurate
records · paper trail · audit · forensic audit · embezzlement · money laundering · white collar crime · discrepancy · red flags · hidden · parallel · secret · off the record · financial · entries · manipulation · creative · under the table
- tax crimestax fraud, tax evasion, undeclared income, unreported income, hidden income
- dirty moneydirty money, ill-gotten gains, illicit funds, illicit gains, proceeds of crime
- hidden moneyhidden assets, hidden wealth, hidden income, secret stash, cash stash
double booksopen books
People easily understood
full disclosure · financial transparency · public accounting · public records · fair reporting
double, books, book, doubled, doubling, doubles, doubly, booked, booking