Onderneming:

Tighter ethics regulations are holding back the growth of Ernst & Young’s lucrative consulting business, a key reason firm leaders are considering whether to separate its global audit and advisory practices. Regulators in countries including the US, EU, and India have been clamping down on auditor independence—a major investor safeguard—by barring firms from performing certain outside work for their audit clients and limiting the revenue that the firm’s consulting practice can earn.

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