Abstract
The recent financial crisis in Greece and other Western economies combined with the conduct of serious malpractices in the finance sector, brought into light long time unresolved systemic issues. These facts undoubtedly contributed to massive unemployment, high poverty rate, crime and other social ills experienced in the country. Accounting and finance in higher education could not be left unaffected from these developments and calls for deep reforms have been made (Santouridis, et al., 2014). This paper presents a literature review on accounting Higher Education in Greece addressing the various aspects of the accounting education in regards to the needs of accounting profession during the global financial crisis.
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