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EY's High Revenue Per Employee Suggests Understaffed Audits

In this clip, we put the accounting industry's staffing and profitability metrics under the microscope. A recent analysis by Rob Valdez on Vision.cpa reveals that among the Big Four firms, EY stands out with the highest revenue per employee at $383,900, while also conducting the most audits. This striking combination suggests that EY may be understaffing audits compared to its competitors, potentially prioritizing profits over audit quality. The discussion delves into the implications of these findings and raises important questions about the balance between profitability and maintaining high standards in the accounting profession. Subscribe to our channel for more insights into the world of accounting and to stay informed about the latest industry trends and controversies.