This company committed fraud on its financial statements.
Tips
memory
弄 (play with) + 虚 (false) + 作 (make) + 假 (fake) - playing with falsehood and making things fake = committing fraud.
register
This is a formal expression often used in news, official statements, and written Chinese. In casual speech, people might just say 作弊 (cheat) or 造假 (fake).
