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Benzinga
Benzinga
Business
Akanksha Bakshi

Big 4 Accounting Firm Ernst & Young Considers Separating Audit and Advisory Businesses: WSJ

WSJ Arthur Andersen EY

Big Four accounting firm Ernst & Young is considering a global split of its audit and advising businesses amid regulatory scrutiny of potential conflicts of interest in the profession, reported WSJ, citing sources familiar with the situation.

This split will be the biggest structural shift at a Big Four firm since Arthur Andersen separated 20 years ago.

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