EY

The organization is making plans for easing multinational companies and government tax authorities into its Pillar Two requirements.

The Big Four firm is pausing its plans to spin off its consulting side as a separate public company as it works to appease warring partner factions.

The breakup of the Big Four accounting firm is "inevitable" due to regulatory and capital return pressure.

The British cybersecurity company has hired the Big Four firm to review "key financial processes."

Ernst & Young added Tallan; De La Hoz, Perez & Barbeito merged in Roy G. Glassberg CPA PA; and DJH Mitten Clarke acquired Novis & Co.

More technical demands are being placed on today's tax department.

The venture capital firm will work with Ernst & Young on some of these audits and will increase budget allocations to help investee companies put governance guardrails in place.

Increasingly, tax functions are turning to the cloud to help with many of their data-processing needs.

EY Chief Executive Officer Carmine Di Sibio said "it's business as usual" when it comes to hiring, with a tight jobs market even as several big firms begin to cut staff.

IAASB adds two new members; Bennett Thrasher promotes seven to partner; and more accounting news.