PE Task Force Seeks Comments Through Jan. 31
NASBA has released a new white paper developed by its Private Equity Task Force titled “Alternative Practice Structures & Private Equity: Considerations and Questions for Boards of Accountancy.” The paper explores the growing trend of private equity (PE) investment in the accounting profession and outlines key regulatory considerations for State Boards of Accountancy.
The report offers background and analysis to help boards better understand how evolving ownership models and firm structures may affect public protection, auditor independence and professional standards. It highlights three priority areas for regulatory discussion—independence and professional standards, disclosure and public understanding, and regulatory oversight and enforcement—each supported by guiding questions for boards, policymakers and other stakeholders.
Established to evaluate the implications of PE investment in CPA firms, NASBA’s Private Equity Task Force developed the paper to support state boards as they navigate emerging regulatory challenges and assess potential impacts on the profession.
NASBA welcomes feedback on the white paper from State Boards of Accountancy and other interested stakeholders. Comments are requested by January 31, 2026, and may be submitted to [email protected]. Input received will help inform the Task Force’s ongoing work and may contribute to future recommendations.
The full white paper, “Alternative Practice Structures & Private Equity: Considerations and Questions for Boards of Accountancy,” is available on nasba.org.