EY’s U.S. Auditors Are Demanding Concessions in Split
Ernst & Young’s renegade U.S. auditors are demanding that the firm examine the financial health of its potential offspring as they block a breakup of the global accounting firm.
Julie Boland,
EY’s U.S. chair and managing partner, called for rethinking the split, which has been in the works for more than a year. The U.S. audit partners want a bigger piece of the firm’s lucrative tax business. “The questions we need to resolve affect the capabilities and financial strength of both…