Saturday, October 08, 2005

Conversions to IFRS drive growth at Ernst & Young


The bonanza of fees that the accountancy profession has enjoyed from regulatory work is slowing down, according to Ernst & Young.

Demand for advice on international accounting standards and the US Sarbanes-Oxley Act has boosted accountants' revenues in the past year. E&Y yesterday reporting UK fee income up 15 per cent at £945m.

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