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They presented the benefits of the potential split as well as what it would look like. But noted it is still under review and has not been voted on yet.
Only benefits were presented (zero cons noted) so you can obviously tell what they’re pushing for though.
Pros: money
Cons: idk
EY Parthenon
EY NewCo
EY AssureCo
Pro
Damn, that's a shame.
Chief
Vote on if we will become the BIG 3 or DKP
Rising Star
And EY audit will rebuild a consulting practice just as soon as they are through with the non-compete
What are the pros for business consulting ?
Details were not just announced. They gave us basically a sales pitch of what it could look like and the benefits of it, but no decision has finalized.
All but official (seems likely they have the votes to make it reality); pretty much just an official vote to go. Proposed timeline is to split before end of CY2023. There is apparently a lot of strife brewing about which teams in Tax (& other teams that toe the line between Consulting and Assurance) will go where
They gave the consultants, the consulting sales pitch. That was my take.
Will people in Enterprise Risk Internal Audit GPS go to Consulting or Assurance?