Table 10 Special training and technical knowledge needed for a Certified Public Accountant to serve cannabis industry
Special training and technical knowledge | Reported by participant type | |
|---|---|---|
Certified Public Accountants that serve industry count (%) | Certified Public Accountants that do not serve industry | |
Knowledge of Tax Code Section 280E | 4 (80%) | 3 (33%) |
Thorough knowledge of cannabis industry | 4 (80%) | 6 (66%) |
Read everything available about industry | 2 (40%) | 0 |
Continuous learning needed | 1 (20%) | 1 (11%) |
Understanding of cash-intensive business and internal controls | 0 | 1 (11%) |
Understanding of the technology used to track cash and inventory | 0 | 1 (11%) |
Nothing | 0 | 1 (11%) |