Indiana Joins Others in Allowing Non-CPA Ownership of Firms
Indiana is just the latest in a number of states to have radically changed the way a CPA firm ownership is structured.
By allowing non-CPA ownership, firms can better compete by attracting workers through stock options, and other equity models. Similarly, the ruling paves the way for additional blurring of the lines between multidisciplinary practices - whereby law firms and accounting firms can mix ownership and service issues as a one-stop professional service firm.
Find out more about the Uniform Accountancy Act  and how it may affect your state's regulations.