EY’s plan that could radically shake up the Big Four

EY’s revenues hit a record $40bn last year after clients flocked to professional services firms for advice on pandemic-driven deals and corporate shake-ups.

Now the Big Four accounting firm is plotting a transformative deal of its own. EY’s most senior partners are in talks about a historic split of the 312,000-person firm’s audit and advisory businesses, in a move that could transform the Big Four.