Hierarchies, civilization, and the Eurozone crisis: the Greek financial crisis

This final chapter contends that accounting education is strongly related to the recent financial crisis in Greece, since some of the main root causes of the crisis were accounting omissions and manipulations in financial statements all embraced by unethical actions. The global financial crisis in Greece, epitomized by the recession of 2009, raised the question of whether and how should accounting educators respond. The purpose of this chapter is to understand the role of accounting education in the efforts made to prevent another financial crisis in Greece.