EY says it is in early stages of evaluation separation of audit and consulting

Goola Warden
Goola Warden5/27/2022 09:12 AM GMT+08  • 2 min read
EY says it is in early stages of evaluation separation of audit and consulting
Unconfirmed reports emerge that EY may split its audit and consultancy operations
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Following a Financial Times report that claims EY has plans to split its audit and advisory operations globally, EY says it is in the early stages of evaluation.

“As the most globally integrated professional services organization, we regularly conduct scenario planning and review EY businesses on a global basis to determine that we have the optimal strategy, structure and footprint to focus on delivering high quality audits and exceptional service to all clients across EY service lines," says EY in response.

"We routinely evaluate strategic options that may further strengthen EY businesses over the long-term. Any significant changes would only happen in consultation with regulators and after votes by EY partners. We are in the early stages of this evaluation, and no decisions have been made."

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