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NASBA regional briefing: private equity task force, licensure pathways and shifting CPA exam pass rates

5509255 · July 30, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

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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