EY votes to follow the trend to separate financial consulting from audit in both the UK and globally

BVWire–UKIssue #43-1
October 17, 2022

Last month, EY partners voted to separate their audit practice from advisory (including business valuation), following through on a strategy announced in May. The new, separate consulting arm will begin with revenues of $24 billion and take on a new name. Partners will own around 75% of the business, with the remaining stake to be floated on the share market.
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