The official business definition of Biggest Accounting Scandals is the most significant financial frauds and misdeeds that have been uncovered within the accounting profession. These scandals often involve major corporations or high-ranking executives, who have misled investors and the public about the financial performance of the company or its subsidiaries. Examples of some of the most notorious accounting scandals include Enron, WorldCom, and Tyco. Enron, a major energy company, famously collapsed in 2001 due to its fraudulent accounting practices. WorldCom, a telecommunications company, also made headlines when it was revealed that it had committed massive fraud to hide its losses. Finally, Tyco, a manufacturing conglomerate, was found guilty of inflating its numbers to increase its stock price. These scandals have had a huge impact on the accounting profession, forcing it to become increasingly more transparent and accountable. Companies are now required to conduct more rigorous financial