Ep 20: Audit Integrity vs. Outside Investment: Can Firms Have Both?

Is Private Equity Really Putting CPA Firm Quality at Risk? That’s
what a recent Wall Street Journal article suggests—but is it the
full story?


 


In this episode of Everything CPA and Private Equity, David
Wolfskehl, Phil Whitman, and Dave Kells dig into the growing
conversation around quality control in accounting firms backed by
private equity or strategic investors. With decades of leadership
experience and over 30 deals behind them, they’re not just
guessing—they’ve seen the inside.


 


In this episode, you’ll be able to:


•Hear why larger firms—with PE or strategic backing—often
strengthen quality control.


•Understand the real role of skepticism and audit culture in
safeguarding standards.


•Explore how regulations (like PCAOB oversight) impact CPA firms
today.


•Discover how experienced CPAs maintain independence despite
outside capital.


•Learn why comparing CPAs to healthcare might be misleading—and
even dangerous.


 


Tune in to hear what’s really happening behind the scenes—and why
not all criticism holds up!


 


#CPAandPrivateEquity #AuditStandards #FirmIntegrity
#AccountingInsights #RegulatoryReality