Acquiring Majority Owner of CPA / Accounting Firm as Non-CPA

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by a professional from San Jose State University
in Redwood City, CA, USA

3yrs ago

Acquiring Majority Owner of CPA / Accounting Firm as Non-CPA

I'm exploring the regulations for one of my entities to be the majority owner of a CPA firm.

Since I'm not a CPA, we would need to structure the company as a Alternative Practice Structure (APS).

Does anyone have any direct experience with this?

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reply by a professional 2yrs ago
from Babson College in Tempe, AZ, USA

Feel free to contact me about this and other questions related to buying firms - I've bought three accounting firms in the past 3 years (two of which were CPA firms). I am NOT a CPA or CPA firm.

reply by a professional 2yrs ago
from Drexel University in Philadelphia, PA, USA

Curious to learn more about this as well. I studied the industry for about a year and learned a lot. I think there's a lot of room for improvement. Happy to share my thoughts if you want to connect.