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>Audit: Record number of licensed N.J. accountants are lying about education

>Audit: Record number of licensed N.J. accountants are lying about education


New Jersey officials say they have uncovered a disturbing trend this year: A record number of accountants — usually considered among the most honest and trusted professionals — have been lying about their education.
Worse yet, they’ve been lying about a class on ethics.

A recent audit of New Jersey’s licensed bean counters from 2006 to 2008 found that 4 percent of them — about 780 of 20,000 — falsely reported they returned to school for the course, which the state requires them to take every three years.

What’s more, many of those caught by the review were also lying about having taken other continuing education classes, required to keep accountants sharp in areas ranging from getting taxpayers the largest refunds to keeping tabs on millions of dollars in public money.  (Baxter, The Star-Ledger)

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