a frequent practice of lying and cheating in any record bookkeeping, in order to substancially increase your own personnal profit and earnings. OR knowingly providing incorrect information in a companies financial statements. This is, needless to say, illegal.
When a girl wears a flattering shirt that brings attention to her breasts, and hangs down to cover her fat roll. The term indicates that she purposefully misrepresenting the 'goods'
In that TWIX commercial where the girl makes the fool out of herself. She says, "Old man Perkins is cooking the books." In front of Old man Perkin's daughter