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

| ,

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?“

Genuine Learning Blog: FASB Proposes Codification Updates

In this episode, Melisa Galasso breaks down the latest FASB Codification update proposal, highlighting key clarifications and minor improvements to GAAP. Get the essential takeaways from this annual clean-up of accounting standards.
READ MORE

Genuine Learning Blog: FASB Proposes Changes to Mortgage Servicing Rights

Stay up-to-date with the latest from FASB as Melisa Galasso breaks down a new proposal impacting mortgage servicing rights. This quick video outlines what you need to know and why it matters for financial institutions.
READ MORE

Career Opportunity: Controller – Charleston Metro Chamber of Commerce

Help Shape the Future of Finance at the Charleston Metro Chamber! The Charleston Metro Chamber of Commerce is seeking a strategic, forward-thinking Controller to lead our accounting and financial operations ...
READ MORE