The Big Money Red Flag: IESBA Warns Accountants on Private Equity Pitfalls

Big money brings bigger risks. Private equity deals are flooding into accounting firms, offering millions upfront, rapid growth, and shiny tech upgrades. Tempting? Absolutely. But the IESBA just dropped a warning that should make every partner pause. From hidden conflicts of interest to blurred network lines and cultural drift, these deals could quietly erode your independence, and your firm’s credibility. If you are thinking about PE funding? Read this first. Your reputation could be on the line.