Suspicious activity reporting in emerging economies: the case of Iran

What is it about?

Detection of criminal activity in emerging economies, specifically money laundering, is more effective when accountants look beyond the form of transactions to the the purpose underlying them. Despite the safety and professional risks, Iranian accountants demonstrated in responses to a questionnaire comprising hypothetical suspicious activity scenarios a willingness to report which was unexpected given prior literature which proposes that the profession tends to collude in criminality in environments permeated by corruption. The effects of personal characteristics upon the propensity to report are also discussed.

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