The deal would give the partners a stake of around 30% in the French consulting giant, Sunday Business reports.
E&Y’s willingness to consider selling off its consultancy wing may be encouraged by the action of the US Securities & Exchange Commission, which is concerned at conflicts of interest between accountancy firms’ audit businesses and their advisory work.
This issue has intensified over the last few days following publication of an SEC report revealing thousands of violations of audit rules by PwC partners in the US.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel