EY expects ‘massive approval’ in vote to split up company

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 92%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Just over half of EY’s 145 country networks will vote on splitting each national network into separate auditing and consultancy units

Country networks which vote to reject splitting up would stay with what remains of EY, which will include advisory, tax and sustainability services alongside auditing, she said.

The “Newco” will account for $25-billion of revenue and 7,000 partners, with what’s left of EY representing $20-billion and 6,000 partners. “We are going to take this as an opportunity to reinvigorate the attractiveness of the profession,” she said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines