Accountancy

EY to invest $1bn in ‘next generation’ audit tech amid break-up talks

‘It’s really important that we do this for the quality of service,’ Big Four firm says

Marie-Laure Delarue hails a ‘huge step’ in audit tech
Marie-Laure Delarue hails a ‘huge step’ in audit tech

EY is investing $1bn in “next generation” technology for its audit practice over the next four years, as a decision on the firm’s breakup nears.

The firm said it had earmarked $1bn out of a previously announced $2.5bn investment pot to overhaul the technology platform used by its assurance practice, which includes audit.

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