The US company wants to separate auditing and consulting.
(Photo: dpa)
Dusseldorf The planned split of the American auditing company EY will be significantly delayed. The large national companies of the EY network will probably only have voted on the “Everest” project by the end of the first quarter of 2023, the Handelsblatt learned from company circles.
The project envisages the division into independent groups for consulting and auditing, which is tantamount to a revolution in the auditing industry.
The reason for the delay is the complex division of financial and human resources, according to the circles. The partners should have the clearest possible picture on the table of how the highly integrated group is to be separated in detail – and under what conditions.
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