Audit majors swoop in on legal eagles to lift one-stop services
Tie-ups with senior lawyers in Singapore come amid calls in UK for Big Four accounting firms to be split up over lack of audit independence
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ACCOUNTING firms in Singapore are beefing up their legal services to evolve into one-stop shops for businesses, with EY Singapore being the latest to partner a senior lawyer to add to its growing legal network.
Industry watchers have also pointed out that the expansion into legal work by accountancy firms may bring about challenges in managing conflicts of interest across audit, legal and advisory functions.
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