NASBA Extends Comment Period on PE Task Force Alternative Practice Structures and Private Equity White Paper

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NASBA has extended the comment period for its October 2025 Private Equity Task Force white paper, “Alternative Practice Structures & Private Equity: Considerations and Questions for Boards of Accountancy,” to Feb. 28, 2026. Comments may be submitted to petaskforce@nasba.org.

According to NASBA’s Feb. 2 announcement, the Private Equity Task Force is evaluating potential impacts of alternative practice structures and private equity investments in CPA firms, and supporting state boards in addressing related regulatory issues.

The white paper includes:

  • Background on Board of Accountancy regulation of CPAs and CPA firms
  • An overview of alternative practice structures used in CPA firms with private equity investments
  • Three key areas of focus for Boards of Accountancy:
    • Independence and professional standards
    • Disclosure and public understanding
    • Regulatory oversight and enforcement

Stay informed: For more information about the “Alternative Practice Structures & Private Equity: Considerations and Questions for Boards of Accountancy” white paper, visit the “Genuine Learning Blog: What Is NASBA’s Latest ITC About?

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