Liza McAndrew Moberg

Dec 30, 2024 | piie.com | Nicolas Véron |Maria Nykyforovych Borysoff |Liza McAndrew Moberg

Audit firms have long been owned by their individual partners and have described their activity as a "profession" rather than an "industry." But partly in response to the need for higher investments in areas such as technology and compliance, an increasing number of firms have opened up to private equity and other financial investors. How might this shift influence the quality of financial reporting?