Deloitte is exploring a plan to split its global audit and consulting practices, following an effort by fellow Big Four accounting firm EY to potentially spin off its consulting arm, according to people familiar with the matter.
The moves would mark the biggest shake-up in the accounting industry in decades, handing windfalls to tens of thousands of the firms’ partners and creating two new consulting giants and two stripped-down auditing firms.
Deloitte...
Read more on fnlondon.com