How EY's Ambitious Split Went Awry and What Happens Next

The video discusses EY's plan to split its business into consulting and auditing arms, known as Project Everest. Despite initial optimism, the plan faced skepticism and ultimately collapsed due to financial challenges and internal disagreements. The video also provides historical context by comparing EY's situation to Arthur Anderson's split and highlights the regulatory environment shaped by the Sarbanes-Oxley Act.

What role did Andrew Silverman play in the discussion about EY's split?

What were the main reasons Ernst and Young (EY) wanted to split its business?

What were the implications of the audit and consulting services being separated?

What was the significance of the names Asure Co and Nuco in the context of EY's split?

In what ways did the history of Arthur Anderson influence EY's decision-making process?

How did the Sarbanes-Oxley Act impact the audit industry?

What challenges did EY face that contributed to the decision to halt the split?