EY is working on a split of its audit and advisory operations worldwide in the biggest shake-up of a Big Four accounting firm in two decades, according to three people with knowledge of the plans.
The proposal, which is still being thrashed out by EY’s senior partners, is a bold attempt to escape the conflicts of interest that have dogged the industry and brought regulatory action from the UK to the US.
EY and the other Big Four accounting groups that dominate the industry globally — Deloitte, KPMG and PwC — have been fiercely criticised over a perceived lack of independence in their auditing of company accounts because of the fees they also generate from consulting, tax and deal advisory work.
您已阅读20%（703字），剩余80%（2745字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。