EY to nab more clients from rivals post-split: survey

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EY to nab more clients from rivals post-split: survey
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Nearly 60 per cent of Australian consulting clients say they would be more likely to hire the big four consulting firm if it proceeds with its industry-shaping division later this year.

Source principal consultant Martin White said consulting clients who were keen to use a divided EY believed the split firms would be able to work with a broader range of workplace management products than if they were combined.

The Source research also showed that the firm was unlikely to lose work from the division, with just four per cent of surveyed buyers saying they would be less likely to use a standalone EY advisory or audit firm.would involve EY’s consulting practices spinning off as a new listed company called NewCo, and its other services remaining under the existing partnership structure as an accounting firm named AssureCo.

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