Ownership and vendors

  1. Ownership and vendors Who may own a firm

    Singapore's Accounting and Corporate Regulatory Authority Says Public Accountants Must Retain Effective Control Under External Private Capital Arrangements

    In a practice direction issued on April 6, 2026, Singapore's Accounting and Corporate Regulatory Authority sets out what it expects of accounting entities "considering, implementing, or operating under" arrangements "that introduce non-public accountant ownership or economic participation in an accounting entity."

  2. Ownership and vendors Who may own a firm

    Accountancy Europe Says Private Equity-Backed Consolidation of European Accountancy and Audit Firms Continues at a Significant Pace

    In an update dated July 2026, Accountancy Europe counts the publicly reported private equity transactions in European accountancy and audit firms from January 2025 to April 2026, and says some of the platforms built in the first wave of consolidation "are now facing questions about exit and refinancing."

  3. Ownership and vendors Deals and vendors

    Australian Law Societies' Checklist Asks Law Practices Choosing a Third-Party AI Tool Who Owns the Output and Whether the Contract Covers Its Errors

    A checklist dated February 2026, from the Queensland Law Society with other Australian law societies and the Law Institute of Victoria, is meant to help small and mid-tier firms select and adopt AI tools built by someone else, and asks, among other things, whether the contract includes indemnities for errors caused by the tool.

  4. Ownership and vendors Who may own a firm

    The FRC Says It Is Not in Principle Against Greater Participation of External Private Capital in the UK Audit Market

    In a letter dated September 26, 2024, the UK's audit regulator said that ownership structures are "a matter for the firms" and that it is "not in principle against a greater participation of external private capital in the UK audit market." The same letter says there are "important risks that will need to be carefully managed."

  5. Ownership and vendors Deals and vendors

    Inaccurate or Fabricated Content: RELX's 2025 Annual Report on the Risks of Generative AI, February 2026

    In its 2025 annual report, RELX, "a global provider of professional information solutions," names "an emerging risk specific to generative AI": the possibility that "models may produce inaccurate or fabricated content."

  6. Ownership and vendors Who may own a firm

    Considerations and Questions for Boards of Accountancy: NASBA's White Paper on Private Equity in CPA Firms, October 2025

    A white paper dated October 24, 2025, from the National Association of State Boards of Accountancy sets out questions on private equity in CPA firms for the state boards that regulate them in the United States. It asked for comments by January 31, 2026.