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EY revenue up by 13pc despite COVID-19 – The Australian Financial Review

Strong results across consulting and auditing have helped the big four firm increase annual revenue to $2.13 billion.

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The firm will change the way it budgets in 2020-21 due to the uncertainty around how COVID-19 will hit demand for its services.
“We’re certainly modifying downwards our growth expectations for FY21,” Mr Johnson said. “It’s going to be a really different year because rather than setting an annual budget, we’ll be somewhat iterative in the way we go about it. So we’ll probably stop every quarter and say, ‘where do we go for the next quarter?’.
“So I think we’ll be less than 10 per cent…

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