EY | Global news | Page 6

An overview of EY global news:

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
United Kingdom

James Anderson joins EY Consulting as partner Big Four firm EY has appointed James Anderson as a UK partner. The move comes as it responds to rising market demand for its consulting services, and invests in growth for them.
26 July 2022
United States

EY partners with Planon on real estate and workplace management Big Four firm EY has announced an alliance with Planon, a provider of integrated workplace management systems (IWMS).
22 July 2022
United Kingdom

UK profit warnings spike amid surging costs The number of profit warnings issued by UK-listed companies in the first six months of 2022 has risen by 66% compared to the same period one year before.
20 July 2022
Saudi Arabia

How EY helped Saudi’s National Water Company with full integration In preparation for privatization, Saudi Arabia’s government has brought together all its water distribution and sewage activities under the centralized management of its National Water Company.
18 July 2022
United States

EY promotes record 1,033 to partner EY promoted a record 1,033 team members to partner across its global operations, effective July 1, 2022.
13 July 2022
Hong Kong

Microsoft names EY its top services partner in Hong Kong Microsoft has named EY its top services provider in Hong Kong at its annual Partner of the Year Awards.
12 July 2022
United Kingdom

EY names Amber Mace leader of consumer products & retail practice Amber Mace has been promoted to UK & Ireland Market Segment Leader for EY’s Consumer Products & Retail sector. Mace takes on the role after 16 years with the Big Four firm.
11 July 2022
United Kingdom

Employee mental health pays a high price for change Business transformations remain at the top of the corporate agenda, with nearly nine-in-ten senior leaders overseeing them in the last five years – and most have seen one fail in the same time.
08 July 2022
Canada

Deloitte and EY buy BC tech consultancies Big Four firms Deloitte and EY yesterday both announced the acquisition of technology consulting firms based in British Columbia, with Deloitte buying Striven and EY buying Freshworks Studio.
07 July 2022
France

EY Consulting buys 450-strong Fabernovel (its largest deal in years) EY has acquired Fabernovel, a France-headquartered innovation and digital transformation company with an international footprint.
07 July 2022
United States

SEC slams EY with record $100-million fine for cheating on CPA exams The US Securities and Exchange Commission (SEC) last Tuesday fined EY US $100 million for cheating by its audit professionals on CPA exams and for withholding evidence of misconduct from the watchdog’s
05 July 2022
United Kingdom

EY tops partner intake record with 1,000+ promotions globally Professional services firm EY has announced more than 1,000 new partners across its global member firms.
04 July 2022
Asia

Gaurav Modi new leader of EY’s ASEAN consulting division EY has appointed Gaurav Modi as the new leader of its ASEAN consulting division. In the role, Singapore-based Modi leads a team of around 3,000 staff across ten countries.
03 July 2022
United Kingdom

Matthew Bell leads EY's climate and sustainability practice Matthew Bell has been appointed as the new Global Leader of EY’s Climate Change and Sustainability Services (CCaSS) team.
28 June 2022
United Kingdom

EY hires Rohit Garg as Partner in technology consulting practice Rohit Garg has joined EY’s UK partnership, as its financial services cloud team leader. He joins as EY looks to double the size of its financial services technology consulting practice in the UK.
27 June 2022
Middle East

Experienced lawyer Chris Sioufi leads EY Law in the Middle East Big Four firm EY has appointed a new leader of its law practice in the Middle East and North Africa: Chris Sioufi.
23 June 2022
United Kingdom

Electrical driving reaches tipping point among car buyers Electrical driving has reached an important crossroads in developed economies, according to a new study. For first time more people want an electric car than a car with a combustion engine.
07 June 2022
United States

EY explores splitting audit and consulting businesses EY Global is considering a worldwide split of its audit and consulting businesses, in what would be the largest shakeup of the Big Four accountancies since the collapse of Arthur Andersen approximate
31 May 2022
United Kingdom

Administrators sue EY for NMC 'negligence' Following the collapse of NMC, administrators from Alvarez & Marsal have levelled a legal claim against EY.
25 May 2022
United Kingdom

Nominees from 36 firms announced for 2022 MCA Awards After another record year of submissions, the shortlist for the 2022 MCA Awards has been announced. The winners will be announced at a special event in London, this November.
23 May 2022
Spain

Pedro Pérez Iruela leads EY's Spanish financial services business EY has appointed a new leader for its financial services business in Spain: Pedro Pérez Iruela.
16 May 2022

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