Unethical practices of accountants

Other Names:
Fraudulent accounting
Embezzlement by accountants
Corrupt accountancy practices
Malpractice in accountancy
Illegal accounting practices

In 1993 it was reported that the accountancy profession as a whole faced some 4,000 lawsuits involving $30-40 billion in claims. The major accounting firms estimate that over 10% of their revenue is spent on litigation. The collapse of BCCI for example led to claims of $8 billion claims against accounting firms.

Broader Problems:
Unethical financial practices
Related UN Sustainable Development Goals:
GOAL 16: Peace and Justice Strong Institutions
Problem Type:
E: Emanations of other problems
Date of last update
04.10.2020 – 22:48 CEST