Monday Morning Accounting News Brief: EY’s Paying Big For the Everest Failure; PwC UK Delays Promotions | 2.12.24
Going Concern
FEBRUARY 12, 2024
EY piled more than $700mn of extra debt on to its global operating business to deal with the costs of the failed plan to spin off its consulting arm, according to newly filed accounts. Between a wave of retirees and a drop in the number of people graduating with accounting degrees, the whole profession is struggling to staff up. “We
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