September 15, 2019

A Surprising Number of Accountants Think Accountants Are Incredibly Corrupt

A recent survey of 1,696 global accountants from CareersInAudit.com found that accountant don't think too highly of other accountants:

[I]t would appear that the accountancy profession is still not squeaky clean with all its working practices. 20% of respondents believe between 10–20% of those in the profession have helped their clients create a set of accounts that are deliberately misleading. A further 10% believe more than a quarter of the profession have been acting unethically and 5% believe half of the profession are not acting with integrity over client accounts.

So, at best, 1 in 5 accountants believe that 10%-20% of accountants are helping their client keep intentionally sketchy books. And, at worst, 1 in 20 accountants think that 50% of accountants lack integrity. Is it possible that even more of you don't give a fuck than we previously thought?

[CIA via Accountancy Age]

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Related articles

It Turns Out Clients Really Don’t Like It When Auditors Call Them Out on Their Sh*t

In shocking research presented earlier this month at the American Accounting Association’s annual meeting in San Francisco, Elizabeth N. Cowle and Stephen P. Rowe of the University of Arkansas have confirmed suspicions that clients shun audit firms with a reputation for being hard-asses. Let’s check out the abstract: We examine whether the audit market penalizes […]