Ernst & Young splits into separate audit and advisory businesses & more…Keep up with what has been happening  in our latest accountancy news round-up…

Ernst & Young splits into separate audit and advisory businesses

 Bosses at the “big four” accountancy firm Ernst & Young have decided to move ahead with a radical break-up plan to separate its audit and advisory businesses, which will now be put to a vote by its 13,000 partners.

Deloitte Almost Reaches $60 Billion in Global Revenue in 2022

The firm’s revenue of $59.3 billion is an increase of 19.6% in local currency terms from 2021’s $50.2 billion. Deloitte is the first of the Big Four firms to announce its global revenue for 2022, bringing in a record $59.3 billion for the financial year ending May 31.

Dains expands with Barringtons acquisition

An accountancy group has acquired a rival with bases across the Midlands and North West. Dains has bought out Barringtons which has offices across Staffordshire, Cheshire and Shropshire.

BDO to welcome almost 600 trainees

The trainees will be a combination of school leaver apprentices and university graduates, with 400 joining BDO’s audit practice

Borders accountancy makes wise investment with new energy efficient office

An accountancy firm has used a period of expansion to invest in a new, energy efficient office. Tax specialist Douglas Home & Co used the creation of a new base in Hawick, Scottish Borders, as an opportunity to work closely with Zero Waste Scotland (ZWS) and identify a number of carbon reducing measures.

EY announces the acquisition with Frank Hirth Plc

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