Noice Logo
Buka app

Money Talks: Why oh why EY?

32 Menit

Tandai selesai
Tambah ke Antrean

20 April 2023

The professional services firm EY reportedly spent hundreds of millions of dollars preparing to split itself into separate audit and advisory companies. Then earlier this month it abruptly called the divorce off. EY is not unique. All of the "big four" accounting firms - including PwC, KPMG and Deloitte - combine the stodgy traditional business of audit with a fast-growing free-wheeling consultancy wing.  On this week’s podcast, hosts Tom Lee-Devlin, Alice Fulwood and Mike Bird ask whether all four firms find themselves stuck in unhappy marriages. Professor Laura Empson of Bayes Business School retells how these one-time frumpy low-margin audit firms were beguiled by the glamour and big fees of corporate advisory work. Meanwhile Tom Rodenhauser, managing partner at Kennedy Research Reports, explains why the consulting units have now outgrown their auditing counterparts, and would do well to ditch them and go it alone. Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at  For full access to print, digital and audio editions, subscribe to The Economist at Hosted on Acast. See for more information.


Lihat episode lain
Buka semua fitur dengan download aplikasi Noice
Kunjungi App