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To split or not to split: Our reaction to the potential EY separation

Fiona Czerniawska, Martin White and Paul English.

It’s been known for some time now that EY, one of the ‘Big 4’ professional services firms, has been considering splitting its auditing and consulting arms into separate organisations.
Well, it was recently revealed that the split has been approved by EY’s senior leadership, and will now be subject to a partner vote. If approved, EY’s audit business would remain in the existing partnership structure, whilst a new, larger advisory business would spin out into a standalone company.
This episode, Source CEO Fiona Czerniawska is joined by colleagues Paul English, Director of Marketing Advisory, and Martin White, Principal Consultant. In this roundtable discussion, they get to grips with what the EY split might mean for the resultant audit and advisory firms, as well as the wider professional services market.
Download our report on Perceptions of Audit Firms in 2022 here.