Sep 27 , 2025
The Addis Abeba Revenue Bureau has asked the Accounting & Auditing Board of Ethiopia to revoke the licenses of ten accountants and auditors accused of preparing flawed taxpayer records during the 2024/2025 fiscal year. Officials say a preliminary audit uncovered irregularities that may have cost the government revenue. While disciplinary measures are yet to be confirmed, the Bureau said it would no longer accept financial statements signed by the professionals under scrutiny. Citing provisions in the Tax Administration Proclamation, the Bureau is also in talks with regulators to issue clearer guidelines aimed at tightening accounting standards. The move follows a wider crackdown earlier this year, when more than 800 auditors and accountants were accused of understating business tax liabilities. That review revealed a 10.6 billion Br shortfall in collections for 2023/24, tied to under-invoicing, inflated expenses, and profit margins deemed “abnormally low” by officials.
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