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Big 4 EY Evaluates Plan to Separate Audit Business from Advisory Business, Reduce Conflict of Interests
27th May 2022 | Hong Kong
EY, one of the world’s top leading accounting firm and Big 4, is evaluating plan to separate EY Audit business from EY Advisory business, with audit firms coming under scrutiny from regulators for conflict of interests. The separation plan will involve discussion with regulators and a voting process from all EY partners globally. EY is one of the Big 4 accounting alongside Deloitte, PwC and KPMG. Read: KPMG Fined $4.3 Million for Serious Failure in Rolls-Royce Audit, Fined $848 Million for Bribes to Land Contracts
“ Big 4 EY Evaluates Plan to Separate Audit Business from Advisory Business, Reduce Conflict of Interests “
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