Table 8 Comparison of risks CPAs identified from this study and the 2020 Owens-Ott study
From: Ethical perspectives of certified public accountants and the cannabis industry
Risks related to serving the industry | Current Study (percentage of participants who indicated 4 or 5 out of 5) (%) | Owens-Ott (2020) study (percentage identified risk) (%) |
|---|---|---|
Professional liability insurance issues/litigation | 48 | 14 |
Lack of technical training/complicated tax code | 46 | 29 |
Federal criminal prosecution | 30 | 29 |
Risks of losing CPA license | 23 | 29 |