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NASBA regional briefing: private equity task force, licensure pathways and shifting CPA exam pass rates
Summary
Board member and NASBA treasurer Andy Bonner summarized NASBA regional meeting takeaways: a NASBA task force is drafting guidance on private‑equity and alternative practice structures; exam pass rates vary widely by section with FAR low and ISC high; NASBA and AICPA are advancing licensure‑pathway mapping and ALD technology updates.
Board member and NASBA treasurer Andy Bonner gave a summary of topics covered at the NASBA regional meeting, highlighting private equity concerns, CPA exam pass‑rate disparities and licensure‑pathway developments.
Bonner said NASBA formed a task force to evaluate private‑equity ownership and alternative practice structures, including questions state boards should ask to understand firm ownership, participation and independence risks. NASBA plans to issue a white paper and a list of template questions for state boards; the white paper and related materials were…
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