News Formal

WSJ News Exclusive | Ernst & Young Leaders Expected to Approve Plan to Split Accounting Company

  • 📰 WSJ
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Ernst & Young's leaders are expected this week to give the green light to splitting its auditing and consulting businesses

The split, penciled in for late next year, would separate EY’s accountants who check the books of companies such asEY’s move could radically reshape the accounting landscape if it goes to plan, industry watchers said.

EY is one of the Big Four firms that dominate auditing in major financial markets and whose multibillion-dollar consulting arms compete with the likes of Accenture PLC and International Business Machines Corp.

 

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

This is overdue - accounting firms should not be provided biased advice to their clients that actively refutes common accounting rules.

Yawn!

About time.

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:

 /  🏆 98. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Credit Karma money: FTC orders company to pay users $3M for 'false claims'The Federal Trade Commission has ordered the company to pay users after falsely claiming they were pre-approved for credit cards.
Source: abc7newsbayarea - 🏆 529. / 51 Read more »