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dragonlax t1_iy0ygkw wrote

Reply to comment by lungben81 in [OC] 'Big 4' accounting firms are PwC, Deloitte, KPMG, and EY - breaking down how they make money by giteam

They legally can’t do consulting work for clients they audit, I worked at EY consulting for 5 years and it was a pain because we were missing out on huge projects, hence why they’re spinning off consulting.

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lungben81 t1_iy2kef5 wrote

How is the separation done? Are these 2 different legal entities? Are they located in different buildings? Do they have different owners? Is there an overlap / exchange of employees?

The brand names are obviously not different.

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dragonlax t1_iy3a8mi wrote

It’s regulated by the US and other local governments. There are internal processes that are also in place to prevent the conflict of interest.

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