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EY | Global news | Page 4

An overview of EY global news:

United Kingdom

Global IPO market endured meltdown in late 2022 In stark contrast to a stellar 2021, the global IPO market saw volumes collapse in the last 12 months. Proceeds also tumbled by 61%, according to a new report.
12 January 2023
Canada

US regulator fines and bans EY Canada partner over energy company audit The Public Company Accounting Oversight Board (PCAOB) last month sanctioned Martin Lundie for a flawed audit of Just Energy Group, an Ontario-based retail energy company.
11 January 2023
Europe

The most attractive markets for renewable energy investment Since 2003, professional services firm EY has ranked the world’s top 40 markets on the attractiveness of their renewable energy investment and deployment opportunities.
08 January 2023
Asia

Going beyond legacy tech replacement to achieve digital success Before businesses take a great leap forward into tech-enabled transformation, they need to take a step back to ask themselves one big question.
08 January 2023
United Kingdom

EY appoints new Partner to lead local government engagement Louise Sunderland has joined EY as a Partner in its UK government and infrastructure consultancy practice.
28 December 2022
United Kingdom

EY selects potential post-split audit and consulting leaders Professional services giant EY has nominated heads for its respective consulting and audit wings, should the firm’s partners go ahead with its break-up in the new year.
21 December 2022
United Kingdom

Risk transformation consultancy ifb SE joins EY Big Four firm EY has announced the acquisition of ifb SE.
19 December 2022
Israel

EY Israel follows China in shunning global break-up plan As EY’s global organisation considers separating its audit and advisory brands, partners of two countries have already made it clear which side of the debate they are on.
18 December 2022
United States

EY nominates leaders of its forthcoming split business EY has nominated Carmine Di Sibio and Julie Boland to lead the firm’s advisory and audit businesses, respectively, ahead of a 13,000-partner vote on the momentous split of the global accounting and c
16 December 2022
United States

EY US cancels holiday bonuses EY US has opted not to give its US staff holiday bonuses this year, the Financial Times reported on Saturday.
13 December 2022
Europe

EY acquires 400-strong finance consultancy and technology firm ifb Big Four firm EY has acquired ifb, a Germany-headquartered consultancy specialised in technology-driven finance, risk and compliance services.
08 December 2022
United States

PwC US aims to poach EY partners as global split looms PwC US plans to significantly expand its number of “direct admit” partners (externally hired rather than promoted) in the coming year, according to a Financial Times report.
06 December 2022
United Kingdom

Businesses and investors clash over sustainability efforts The gap between the expectations of business leaders and investors on ESG is growing, according to a new survey from EY.
25 November 2022
Canada

EY enters global alliance with Shopify EY yesterday announced a global alliance with Shopify, the Ottawa-headquartered e-commerce platform company.
08 November 2022
United Kingdom

House prices could fall by 10% as mortgage market cools The UK’s mortgage lending is forecast to slow dramatically in 2023 – something which is already seeing a rapid decline in house prices.
08 November 2022
United Kingdom

EY launches Midlands financial services technology hub Big Four firm EY has launched a financial services technology hub in the Midlands. The news comes in response to growing regional sector demand for digital expertise.
20 October 2022
United Kingdom

UK financial sector lags on boardroom parity Some countries in Europe are seeing financial services boardrooms approach senior-level gender parity. However, the UK’s reluctance to legislate on the matter means it lags behind leaders like France and Italy on the matter.
17 October 2022
Canada

EY opens Neurodiversity Centre of Excellence in Calgary EY Canada has opened its sixth Neurodiversity Centre of Excellence (NCoE) with a new location in Calgary.
29 September 2022
United Kingdom

Fergal Spencer joins EY insurance technology wing as Partner EY has appointed Fergal Spencer as a UK Partner in its expanding technology consulting practice.
28 September 2022
Spain

FC Barcelona replaced EY with Grant Thornton after warnings Spanish football giant FC Barcelona has reported a strong profit for its latest financial year, months after it installed Grant Thornton as its new auditor.
23 September 2022
United Kingdom

Achieving a successful transformation in an era of disruption Rapid changes are taking place across the global economy and society. As a result, companies are having to transform themselves more often to keep up.
22 September 2022
United Kingdom

Big Four gaining favourability among UK legal space The Big Four professional services firms are making major inroads into the legal market, according to new data.
16 September 2022
Asia

Ernst & Young split plan will make things awkward in Greater China Last week EY’s global leaders approved the plan to break up its audit and consulting business, in a move that is set to rock the world of accountants and consultants.
13 September 2022
United States

EY leaders approve audit and advisory split, but hurdles remain The leaders of 14 of EY’s 15 biggest member firms – accounting for 80% of its $45 billion in global revenue – on September 8 approved putting the split of its audit and advisory businesses to a partn
12 September 2022
United Kingdom

EY's top leaders approve split of audit and consulting business EY has taken a significant next step in its plan to separate its audit and advisory businesses, with the firm’s executive team and top management deciding to bring forward the split to a partner vote
09 September 2022
Canada

EY acquires sustainability consulting firm Afara EY Canada has acquired Afara, a Calgary-based management consulting firm focusing on sustainability engagements.
07 September 2022
Canada

Inflation forcing Canadians to tighten belts again Persistent high inflation is making Canadians return to their pandemic downturn behaviours – including cutting down on non-essentials and trading down to cheaper alternatives.
01 September 2022
United States

Government consultancy Cambria Solutions joins EY US Cambria Solutions, a Sacramento, CA-based consulting firm focusing on state and local government clients, has been acquired by EY US.
16 August 2022
Canada

EY Canada adds Microsoft Dynamics team from DXC Technology A team of Microsoft Dynamics professionals from IT consultancy DXC Technology has joined EY Canada.
16 August 2022
United Arab Emirates

Abu Dhabi’s Ma’an enjoys pro-bono support from consultancies Ma’an, one of Abu Dhabi’s leading organisations for social and community impact, has completed its latest cycle of programs – with pro-bono support from consulting firms McKinsey & Company, Deloitte,
04 August 2022
United Kingdom

EY adds Digital Detox to technology consulting business EY has acquired Digital Detox, a London-based technology and software consultancy with around 30 staff.
01 August 2022
United Kingdom

Big Four foisting 'high risk' clients onto smaller competitors The Financial Reporting Council has found that the Big Four’s auditing function has collectively improved for two consecutive years.
28 July 2022

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