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How do the independence rules vary between the big 4 related to non-audit employees owning stock? I’ve heard EY takes the most conservative stance. I know Deloitte consulting is separate and doesn’t have the same restrictions as audit.

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I worked for two B4 you better believe that they take independence VERY seriously. There is zero variance between the B4 and the smaller firms like Crowe, BDO, RSM, Grant Thornton, etc. Wherever you got the information that there is a variance is wrong, full stop.

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It sounds like this is false, but what I had heard was Deloitte Consulting was a separate entity from Deloitte and didn’t have the same independence restrictions for client work as EY, PWC and KPMG.

funny

Deloitte hasn’t been verein since 2010. Kpmg & Crowe still are though

helpful

This usually only applies to audit. And it can’t vary from firm to firm. It’s a AICPA/PCAOB standard

funny

Doesn’t have the same restrictions as Audit? What does this mean? The rules are the same for everyone, so I’m not sure how much variance there could be. Might be a case of people overreacting to their own independence rules.

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