cpa firm ownership under fire | arc

as private equity reshapes the profession, accounting leaders debate who should hold the keys to ownership.

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accounting arc
with liz mason, byron patrick, and donny shimamoto
center for accounting transformation

when new york passed the first cpa licensure law in 1896, the goal was simple: protect the public by ensuring financial professionals met high standards. more than a century later, that mandate is at the heart of a heated debate about who should be allowed to own cpa firms.

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in the latest episode of accounting arc, hosts liz mason, cpa; byron patrick, cpa.citp, cgma; and donny shimamoto, cpa.citp, cgma, explore the evolution of firm ownership rules and their implications for the profession.