From: Ethical perspectives of certified public accountants and the cannabis industry
Reasons CPAs will not serve the industry | Current study (%) | Owens-Ott (2020) study (%) |
---|---|---|
Possible federal criminal prosecution/immunity from federal prosecution/removal of cannabis from DEA Schedule I | 89.2 | 89 |
Fear of losing CPA license/clear support from state board of accountancy | 27.0 | 33 |
Complicated tax requirements; not willing to devote the time and resources to special technical training | 17.6 | 44 |