KPMG 2022 Revenue ($35 Billion)

As usual KPMG is the last of the big 4 accounting firms to report their financial results. They reported their FY22 results in December 2022. They achieved $35 billion in revenues in 2022. Their fiscal year ended September 30, 2022. The actuals for the year were $34.64 billion which was rounded up to $35

2023-01-06T05:14:20+00:00January 6th, 2023|Categories: Uncategorized|0 Comments

EY 2022 Revenue $45.4 Billion

In September 2022, EY announced another year of record revenue. They earned 45.4 billion of revenue for their FY 2022. In FY 2021, EY earned $40 billion. This represents growth of $5.4 billion. Audit earned $14.4 billion in revenue in FY 2022. Audit grew by 8.9% on a year over year basis. Tax earned

2022-10-03T00:14:15+00:00October 2nd, 2022|Categories: Uncategorized|0 Comments

EY’s Official Break Up Plan

Carmine Di Sibio released the details of the EY break up plan on a firmwide webcast on July 28, 2022. There will be two companies - Assureco and Newco. Voting on the transaction will happen in November 2022 to January 2023. The transaction would most likely take place towards the end of 2023.

2023-01-11T18:18:46+00:00July 28th, 2022|Categories: Uncategorized|0 Comments

EY To Spin Off Audit Practice

Multiple news outlets are reporting news that EY is considering splitting their audit practice from the rest of the firm. EY is denying that a decision has been made. They aren't denying that they have considered it, but they are denying that a final decision has been made. Carmine Di Sibio told employees in

2022-06-07T04:46:07+00:00May 27th, 2022|Categories: Uncategorized|0 Comments

PwC Releases 2023 Partner Pay & Staff Salary

PwC has taken a strange step and decided to release their pay bands in Australia for 2023. They disclosed these pay bands at a firm-wide meeting. PwC created these bands based on industry data so that they can remain competitive and recruit more people. The lowest salary for a starting associate is $55,000. The

2022-04-13T16:54:02+00:00April 13th, 2022|Categories: Uncategorized|0 Comments

EY UK Doubles Consulting Practice

EY UK has announced that they plan to grow their consulting practice in the UK by over 5,000 employees by 2026. EY plans to invest 75 million pounds in order to get this done. This would bring their total headcount above 10,000 consulting staff if everyone were to stick around. There is tons

2022-04-07T01:48:36+00:00April 7th, 2022|Categories: Uncategorized|0 Comments
Go to Top