Business
EY Europe revamp has partners worried over Wirecard fallout – The Australian Financial Review
Accountancy group EY is to centralise power in a new European executive team, pooling resources across the region but raising concerns that any financial hit from…
However, a person at EY involved in the creation of the new structure said such concerns were unfounded, adding that separate legal entities would be retained in each country.
The big four have traditionally protected against liability spreading across their global businesses by using separate partnerships in each country where they operate.
EY in February announced it was creating a new Europe West region, without providing detail on the implications. The regional grouping, which includes 27,000…
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