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Ernst & Young is a multinational professional services firm headquartered in London, United Kingdom. It was the third largest professional services firm in the world by aggregated revenue in 2012 and is one of the "Big Four" accounting firms.
Founder: Arthur Young
Founded: 1849
Headquarters: London, Greater London, United Kingdom, New York, NY, United States of America

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  1. 1. Basic Facts • Headquarters in London • Mark Weinberger (Chairman & CEO) • John Ferraro (Global COO) • Started in 1989; individual components from 1849 • In 1903, the firm of Ernst & Ernst was established in Cleveland by Alwin C. Ernst and his brother Theodore and in 1906 Arthur Young & Co. was set up by the Scotsman Arthur Young in Chicago.
  2. 2. Values • Who we are: • People who demonstrate integrity, respect, and teaming. • People with energy, enthusiasm, and the courage to lead. • People who build relationships based on doing the right thing.
  3. 3. Mission • At Ernst & Young, we support you in achieving your unique potential wherever you are in the world – both personally and professionally. We give you stretching and rewarding experiences that keep you motivated, working in an atmosphere of integrity and teaming with some of the world's most successful companies. And while we encourage you to take personal responsibility for your career, we support you in your professional development in every way we can. You enjoy the flexibility to devote time to what matters to you, in your business and personal life. At Ernst & Young, we know it's your point of view, energy and enthusiasm that make the difference.
  4. 4. Global Structure • Our 29 Regions are grouped under four geographic Areas. • Americas: Our Americas Area comprises 11 Regions and nearly 45,000 people. The workplace culture of the Americas Area is regularly recognized by organizations such as the Great Place to Work Institute and Universum, which frequently place EY near the top of their lists for countries across the region. • Europe, Middle East, India and Africa (EMEIA): Our EMEIA Area brings together more than 73,000 people from 12 Regions across Europe, the Middle East, India and Africa. Creating EMEIA cemented their reputation as the most globally integrated organization in our field.
  5. 5. Contd.. • Asia-Pacific: Asia-Pacific brings together more than 27,000 people across five Regions. They believe that much of their clients’ and their own future growth will come from the region and Asia-Pacific Area will enable them to better serve clients looking to invest in or grow across the region. • Japan: Our Japan Area employs more than 6,500 professionals and works with many of Japan’s best-known companies across the financial, manufacturing and electronics sectors. It also acts as the hub for their Japan Business Services network — nearly 350 Japanese-speaking professionals based in 60 cities around the globe who serve Japanese clients operating overseas.
  6. 6. Old Logo
  7. 7. New Logo
  8. 8. Services • EY has four main service lines and share of revenues in 2011: • Assurance Services (46%): comprises Financial Audit (core assurance), Financial Accounting Advisory Services, Fraud Investigation & Dispute Services, and Climate Change & Sustainability Services. • Tax Services (26%): includes Business Tax Compliance, Human Capital, Customs, Indirect Tax, International Tax Services, Tax Accounting & Risk Advisory Services, Transaction Tax.
  9. 9. Contd.. • Advisory Services (19%): consisting of four subservice lines: Actuarial, IT Risk and Assurance, Risk, and Performance Improvement. • Transaction Advisory Services (TAS) (9%): deals with companies' capital agenda – preserving, optimizing, investing and raising capital.
  10. 10. Tax Services • Provide integrated Tax services to clients • Optimization of client’s tax situation • Advise on the international tax implication of acquisitions, including private equity and real estate • Ensure administrative follow-up of companies with regard to their tax obligations
  11. 11. Recent History • In 2002, EY took over many of the ex-Arthur Andersen practices around the world, although not those in the UK, China or the Netherlands. • In 2006, EY became the only big four to have two member firms in the United States with the inclusion of Mitchell & Titus, LLP, the largest minority-owned accounting firm in the United States.
  12. 12. Contd… • In 2010, EY acquired Terco, the Brazilian member firm of Grant Thornton. • In 2013, EY agreed to pay federal prosecutors $123 million to settle criminal tax avoidance charges stemming from $2 billion in unpaid taxes from about 200 wealthy individuals advised by four Ernst & Young senior partners between 1999 and 2004. • In 2013, EY changed its brand name from Ernst & Young and tagline to "Building a better working world".
  13. 13. Staffing Practices #1 in Forbes Magazine’s “The Best Accounting Firms to Work For,” 2012 • #1 in BusinessWeek’s annual list of Best Places To Launch a Career, 2008 • #44 in the Fortune list of 100 Best Companies to Work For, 2009 • #34 in ComputerWorld’s 100 Best Places To Work For In IT, 2009 • Top 50 in the “Where Women Want to Work” awards, 2007 • One of the 10 Best Companies for Working Mothers, Working Mother magazine, 2006
  14. 14. The Big Four Firm Revenue Employees Fiscal Year Headquarters PwC $31.5bn 180,000 2012 United Kingdom Deloitte $31.3bn 193,000 2012 United States Ernst & Young $24.4bn 167,000 2012 United Kingdom KPMG $23bn 152,000 2012 Netherlands
  15. 15. THANK YOU