Business | Why, EY?
EY gets banned from new audit business in Germany
The penalty comes atop the beleaguered accountancy’s other problems
|BERLIN
Editor’s note: On April 11th EY said would scrap plans, known as Project Everest, to separate its advisory and audit services into distinct firms after opposition from partners in EY’s American business, which accounts for 40% of the firm’s global revenue.
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This article appeared in the Business section of the print edition under the headline “Why, EY?”
Business April 8th 2023
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