EY has decided to indefinitely pause plans to separate its audit and advisory businesses. While EY’s professional-service peers view this as vindication, the logic of the split is getting more compelling as their advisory businesses expand. However, with audit losing its internal clout, the future of the professional-services oligopoly is in question.
Read the full Business Times article: https://www.businesstimes.com.sg/opinion-features/why-ey-and-its-rivals-may-eventually-break-after-all
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