A plan to separate EY’s consulting and auditing companies will handsomely reward the agency’s 13,000 companions. The Wall Road Journal reported most companions could be in line for multimillion-dollar payouts. Companions first have to approve the plan, with a possible IPO set for late 2023, the WSJ reported. Loading One […]
Split
Deloitte Will Be the Next Big 4 Firm to Split Audit and Consulting, Says WSJ; Deloitte Denies
The rumor mill got fired up a mere 14 days ago when the Wall Street Journal reported EY was considering splitting its audit and advisory arms (pesky regulators and conflicts of interest and whatnot). As interns and accounting students who aren’t even going to Meet the Firms yet blew up […]