{ "media_type": "text", "post_content": "Why doesn’t EY have a Consulting division/practice, like the other big 4s? I have heard EY sold it off to Capgemini in the last decade and can’t have consulting practice for a few more years.", "post_id": "5c7203c8e96ec500215b997f", "reply_count": 8, "vote_count": 6, "bowl_id": "598b9cc71d02550016d5c8e7", "bowl_name": "Technology/IT Consultants", "feed_type": "bowl" }

Why doesn’t EY have a Consulting division/practice, like the other big 4s? I have heard EY sold it off to Capgemini in the last decade and can’t have consulting practice for a few more years.

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To give more information then the WTF. All big 4 have consulting practices right now. Back when Enron and SoX hit KPMG, PwC, and EY sold off their consulting practices to go conservative on independence. Deloitte held off long enough that instructions came down they didn’t need to sell their practice. EY was last back into the game compared to the other 2 in redeveloping their consulting practice so they’re a little behind, but they have it in their Advisory practice.

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OP's right that EY sold off "EY Consulting" to Capgemini in like 2000 due to concerns about audit independence. Google it.

Idk where this info is on EY not being able to have a consulting arm for a few more years though because that's obviously not true.

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