Two sets of books

The concept of "two sets of books" refers to the practice of attempting to hide or disguise certain transactions from outsiders by having a set of fraudulent books for official use and another, the real set, for personal records.

See also

• Tax evasion
• Accounting ethics

References

• http://goliath.ecnext.com/coms2/gi_0199-5078441/Keeping-two-sets-of-books.html