False Accounting

False accounting occurs when someone dishonestly falsifies, alters, destroys or conceals financial records, or produces misleading accounting information with the intention of gaining for themselves or causing loss to another. The offence is set out under section 17 of the Theft Act 1968.

A conviction for false accounting can result in serious consequences, including unlimited fines and up to seven years’ imprisonment. Sentences depend on factors such as the level of dishonesty, the financial value involved and the individual’s role in the alleged offence.

Our experienced team provides comprehensive legal support, from representing you during police interviews to developing a robust defence strategy for court proceedings. We work tirelessly to protect your rights and pursue the strongest possible outcome.

If you are being investigated, seek legal advice immediately. Avoid discussing the matter with anyone other than your solicitor and do not provide statements or information to investigators without legal representation present.

Not every accounting error amounts to false accounting. For a prosecution to succeed, the prosecution must prove dishonesty and intent to gain or cause loss. Genuine mistakes, misunderstandings or poor record-keeping may form part of a valid defence.

Yes. Both directors and employees can face charges if they are alleged to have knowingly altered or created misleading financial records. Liability often depends on the individual’s role and level of involvement in the accounting processes.

Yes. Allegations may involve invoices, accounts, transaction documents or records said to misrepresent financial activity. 

Yes. A conviction can affect directorships, regulated work, professional status and reputation.