False Accounting in United Kingdom

Definition of False Accounting

In accordance with the work A Dictionary of Law, this is a description of False Accounting : An offence, punishable by up to seven years’ imprisonment, committed by someone who dishonestly falsifies, destroys, or hides any account or document used in accounting or who uses such a document knowing or suspecting it to be false or misleading. The offence must be committed for the purpose of gain or causing loss to another. There is also a special offence (also punishable by up to seven years’ imprisonment) committed by a company director who publishes or allows to be published a written statement he knows or suspects is misleading or false in order to deceive members or creditors of the company.

See also forgery.