/fɔːls əˈkaʊntɪŋ/ – Phrase
Definition: làm báo cáo giả dối
A more thorough explanation: False accounting, also known as fraudulent accounting or financial fraud, is a deliberate act of misrepresenting financial information to deceive stakeholders, creditors, investors, or regulatory authorities. This can involve various actions, such as falsifying records, concealing debts, overstating assets, or underreporting liabilities.
Example: A company’s CFO intentionally hides significant losses from the balance sheet to avoid triggering a loan covenant violation.