Originally Posted by Unregistered

Pay increments for advisory but pay cuts for assurance. It’s a known fact that consulting arm will be generating a larger revenue after splitting and that is the reason why advisory partners are convincing the audit partners worldwide to receive cash payouts and accept the splits. Do you honestly think EY audit as a standalone will be able to generate the same amount of revenues? Without its own advisory arm, a lot of projects have to outsource to other firms for advisory experts and lead to lower efficiency. Clients will move to other big 3 resultantly. This is also the reason why many audit managers are rejecting this proposal because their dreams of becoming partners and earn big bucks is getting crushed…