Eamon Quinn: Accounting giant EY stalls plan to scale its Everest 

Accounting firm called off plan to break up its audit and consulting units, slamming the brakes on a proposed overhaul of its business

EY, which is one of the Big Four accounting giants, announced its plans for a split in September after regulators voiced concerns that the audit arm would not do its job fairly for its client if it also employed EY as a consultant. Picture: Sasko Lazarov / RollingNews.ie

It’s never a good look when a business involved in advising other businesses becomes the story. 

But headlines on the finance pages are guaranteed when it involves accounting giant EY at loggerheads over a scuppered re-organisation project that sowed divisions among its 320,000 global employees.