PracticeAccounting FirmsE&Y grabs Andersen in Australia

E&Y grabs Andersen in Australia

Enrst & Young claimed another part of the rapidly disintegrating Andersen empire when it announced this morning the firms' Australian practices were to merge.

The move came as little surprise as Andersen’s New Zealand operations had already agreed a deal with E&Y when talks with KPMG in Australia floundered over conflicts arising from the HIH insurance collapse.

E&Y had already raised the possibility of further deals around the world – earlier this week, E&Y’s global chief executive Bill Kimsey told Accountancy Age: ‘We have expressed an interest in talks with Andersen all around the world outside the US.’

Talks are still on-going between Andersen and KPMG over the future of the rest of the non-US network, though PwC has already grabbed Andersen’s China and Hong Kong practices.

Related Articles

BDO’s global revenues pass $8bn

Accounting Firms BDO’s global revenues pass $8bn

5d Alia Shoaib, Reporter
Top 40 International Networks, Associations and Alliances: Finding growth amid uncertainty

Accounting Firms Top 40 International Networks, Associations and Alliances: Finding growth amid uncertainty

1w Philip Smith, Reporter
Top 40 International Networks, Associations and Alliances 2017: Big Four tussle for top spot

Accounting Firms Top 40 International Networks, Associations and Alliances 2017: Big Four tussle for top spot

1w Emma Smith, Managing Editor
BDO reports revenue growth of 5.7%

Accounting Firms BDO reports revenue growth of 5.7%

2w Alia Shoaib, Reporter
Taylorcocks announces merger with Surrey firm

Accounting Firms Taylorcocks announces merger with Surrey firm

2w Emma Smith, Managing Editor
Kingston Smith reports 7% gender pay gap

Accounting Firms Kingston Smith reports 7% gender pay gap

2w Emma Smith, Managing Editor
RSM announces two partner promotions

Accounting Firms RSM announces two partner promotions

3w Emma Smith, Managing Editor
Backsourcing: The latest accountancy trend?

Accounting Firms Backsourcing: The latest accountancy trend?

1m Pillsbury Winthrop Shaw Pittman