Remove Accounting Firms Remove Compliance Remove Private Equity Firm
article thumbnail

What attracts investors to accounting firms?

ThomsonReuters

This is due, in part, to a growing number of private equity firms entering the accounting market. As Allan D. Koltin, CEO of Koltin Consulting Group, explained, private equity firms perceive accounting firms as being low risk, high reward.

article thumbnail

How to attract private equity investment to your firm

ThomsonReuters

More recently, in April 2022, New Mountain Capital announced a majority investment in professional services firms Citrin Cooperman.  These investments marked a notable transformation in the profession, with the realization among private equity firms that investing in large accounting firms can yield great returns.

Equity 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

SEC Chief Accountant on Fostering a Healthy “Tone at the Top” at Audit Firms

Reynolds Holding

These are core tenets of the accounting profession. [4] 4] Why Does Tone at the Top Matter for Public Accounting Firms? 5] But a healthy tone at the top is of paramount importance at public accounting firms as well. After all, almost all audit firms have a written “code of ethics” or “code of conduct.”

article thumbnail

SEC Announces Enforcement Results for Fiscal Year 2023

Reynolds Holding

million civil penalty to resolve charges that it misled investors about its anti-money laundering compliance program and failed to disclose risks posed by the program’s significant deficiencies; and Vale S.A., a mining company and one of the largest iron ore producers in the world, to pay $55.9 Prime Group agreed to pay a $6.5