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https://www.wsj.com/articles/ernst-young-halts-breakup-plan-bd2e2fa0

Ernst & Young Halts Breakup Plan After Revolt by U.S. Leaders

EY spent more than $100 million on split between auditing, consulting business

The Big Four accounting firm is ending its more than yearlong effort to split. Photo: susana vera/Reuters

By Jean Eaglesham

Updated April 11, 2023 2:14 pm ET

Ernst & Young has axed its plan for a split of its auditing and consulting arms, marking a dramatic and costly retreat from a proposal that was meant to reshape the accounting profession but ended amid bitter infighting between leaders, countries and practices.

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