A landmark legal ruling in Hong Kong could reshape the global accounting industry by challenging the long-standing partnership model of the Big Four firms. The decision raises concerns about how these firms structure their operations, particularly in regions where professional services are tightly regulated. Legal experts warn that the ruling may force firms to reconsider their cross-border partnerships, potentially leading to operational disruptions. The case highlights growing scrutiny over how multinational professional services firms maintain compliance while expanding their international networks.
Hong Kong decision has potential to threaten Big Four firms’ partnership network model
