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More than two dozen separate global teams are working on the complicated, lengthy and risky internal project to separate its auditing and consulting arms. ....
The reviews will now focus on financial reports where there have been misstatements in a bid to focus companies on the consequences of shoddy assurance work. ....
Australia’s biggest blue-chip auditors will increase investment in technology and staff training after the regulator finds a drastic drop in standards at several firms. ....
EY’s global chairman and CEO, Carmine Di Sibio, who has been a driving force behind the split, reportedly is in line for a payout worth tens of millions of dollars. ....
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