2. Brief on Ernst & Young:
► Ernst & Young (trading as EY) is a multinational professional services firm
headquartered in London, United Kingdom. It is one of the "Big Four" audit firms and
is the third largest professional services firm in the world by aggregated revenue in
2014, after PwC and Deloitte.
► The organization operates as a network of member firms which are separate legal
entities in individual countries. It has 212,000 employees in over 700 offices around
150 countries in the world. It provides assurance (including financial audit), tax,
consulting and advisory services to companies.
► The firm dates back to 1849 with the founding of Harding & Pullein in England. The
current firm was formed by a merger of Ernst & Whinney and Arthur Young & Co. in
1989. It was known as Ernst & Young until 2013, when it underwent a rebranding to
EY. The acronym "EY" was already an informal name for the firm prior to its official
adoption.
► In 2016, Fortune magazine ranked EY as one of the 100 Best Companies to Work For
and in 2016, EY is the 11th largest privately owned organization in the United States.
► Global structure
EY is the most globally managed of the Big Four firms. EY Global sets global
standards and oversees global policy and consistency of service, with client
work performed by its member firms. Each EY member country is organized
as part of one of four areas. This is different from other professional services
networks, which are more centrally managed. The four areas are:
EMEIA: Europe, Middle East, India and Africa
Americas
Asia-Pacific
Japan
Each area has an identical business structure and a management team, which
is led by an Area Managing Partner who is part of the Global Executive
board. The aim of this structure is to effectively cater for an increasingly
global clientele, who have multinational interests.
3. EY in London at a glance
Global headquarters: London
Global Chairman and CEO: Mark Weinberger.
Number of people globally: 212,000 (as of 30 June 2015).
Global revenues: US$28.7 billion (Financial Year '15, ending 30 June 2015).
Geographic Areas: Americas; Europe, Middle East, India and Africa; Far East;
Japan; Oceania.
Offices: 709 in 150 countries.
Service lines: Assurance and Advisory Business Services, Tax, Transaction
Advisory Services.
Founded:1989 through the merger of Ernst & Whinney and Arthur Young & Co.
Oldest component from 1849.
EY in India at a glance
Country headquarters: Gurgaon National Capital Region (NCR)
Chairman – India Region: Rajiv Memani
Number of people: Over 22000 people across locations including personnel from
other member firms of EY Global in India.
Locations in India: Delhi (NCR), Chandigarh, Kochi, Mumbai, Bangalore,
Kolkata, Hyderabad, Chennai, Ahmedabad and Pune.
4. Business Function of EY Global
EY is committed to delivering exceptional client service across our four service lines –
Assurance, Tax, Advisory and Transaction Advisory Services.
Assurance
Tax
Advisory
Transactions
► Accounting and Financial
Reporting (including
IFRS)
► External Audit Services
► Financial Accounting
Advisory Services
► Fraud, Investigation and
Dispute Services
► Business Tax
► Human Capital
► Indirect Tax
► International Tax
► Transaction Tax
► Performance Improvement
► Customer
► Risk
► IT Risk and Assurance
► Mobile money
► Cross-border
Transactions
► Divestments, Carve-outs
► Economic advisory
► M&A
► Private Capital
► Project Finance
► Restructuring
► Transaction Integration
► Transaction Real Estate
► Transaction Support
► Transaction Tax
► Valuation and Business
Modelling
Assurance Advisory Tax Transactions
5. Detailed Business Function of EY India
► Performance Improvement
► Customer
► Risk
► IT Risk and Assurance
► Mobile money
Advisory
► Accounting and Financial Reporting (including IFRS)
► External Audit Services
► Financial Accounting Advisory Services
► Fraud, Investigation and Dispute Services
Assurance
► Cross-border Transactions
► Divestments, Carve-outs
► Economic advisory
► M&A
► Private Capital
► Project Finance
► Restructuring
► Transaction Integration
► Transaction Real Estate
► Transaction Support
Transactions
► Business Tax
► Human Capital
► Indirect Tax
► InternationalTax
► Transaction Tax
Tax
EY
6. Head of Business Function EY London :
Mark Weinberger – EY's Chairman and CEO
Mark Weinberger is the Global Chairman & CEO of EY, a leading global
professional services organization that provides assurance, tax, transaction and
advisory services. With 230,000 people in more than 150 countries, EY is one of the
largest professional services organizations in the world.
Bob Ward : London Transaction Advisory
Bob is a client service partner in London. He joined EY in 2008, having previously
been Partner at a global professional services practice. Bob is a specialist in Corporate
Finance and Restructuring, and has advised both corporate and lender-side across a
broad range of industries and territories.
James Meader : London Advisory Leader
James is a partner in EY’s Advisory Services Practice and specialises in Financial and
Performance Management.
He has over 16 years’ financial and client delivery experience focused on finance
transformation, process design including Shared Services, performance management,
and project and programme management.
Joanna Santinon: London Tax Leader
Joanna Santinon is a London Partner. She currently leads our London tax practice and
is also partner sponsor for EY’s Women’s Network.She is a Chartered Accountant
and Chartered Tax Advisor.
Nick Powell : London Assurance Leader
Nick is a client service partner based in London, having worked for many years in our
European Technology Centre of Excellence in Reading. In this role he ensured we
provided the highest quality service to a number of our large priority accounts. Nick is
also an audit partner serving a number of large, complex accounts.
7. Head of Business Function - EY India
Rajiv Memani : Chairman of the India region of EY
Rajiv Memani is Chairman of the India region of EY (formerly Ernst & Young), a
leading global professional services organization. He is also a member of EY’s Global
Executive Board and Chairman of EY’s Global Emerging Markets Committee.
In 2004, Rajiv was appointed CEO and Country Managing Partner of EY in India.
Ram Sarvepalli : Partner- Emerging Markets Center and National Advisory
Leader at EY India
Ram Sarvepalli is the leader of the Advisory Practice in India, as well as Partner for
the Emerging Markets Centre. A qualified Chartered Accountant by vocation, Ram
manages a number of key relationships for EY India, and overseas.
He is the anchor Partner for a number of Global and Indian corporates, and plays a
leading role in advising clients on pressing strategic, operational and risk mandates.
He has significant experience in the areas of institutional, sectoral reforms in India
focusing on financial management.
Sudhir Kapadia : Partner & National Tax Leader at EY India
Sudhir Kapadia is a Chartered Accountant by profession possesses over 25 years of
rich experience in advising large multinational companies in relation to their inbound
investment strategies and domestic companies on their outbound investment
strategies, including tax efficient supply chain and transfer pricing. He is closely
involved with Private Equity, Financial Services, Technology, Entertainment and
Infrastructure sectors in advising them on tax and regulatory issues.
Amit Khandelwal : National Director and Partner, Transaction Advisory
Services at EY India
Amit Khandelwal is the National Director and Partner, Transaction Advisory Services
at EY India and has an extensive experience of more than 27 years. Amit is a
seasoned transaction advisory professional and has worked on transactions across
industries. He has also led several private equity as well as strategic transaction
advisory engagements and managed various sell side engagements.
8. Business relationship between EY India and EY Global
EY is a network of member firms across the Globe. Each entity/member firm is a separate
legal entity and it is not a parent or subsidiary or captive model set up. EY is the number
four firm Ernst & Whinney merged with the then number five, Arthur Young, on a global
basis to create Ernst & Young
EY Global
EY refers to the global organization of member firms of Ernst & Young Global
Limited, each of which is a separate legal entity.
Ernst & Young Global Limited, a UK company limited by guarantee, does not
provide services to clients.
EY India
Ernst & Young LLP is one of the Indian client serving member firms of EYGM
Limited.
Ernst & Young LLP is a Limited Liability Partnership, registered under the Limited
Liability Partnership Act, 2008 in India, having its registered office at 22 Camac
Street, 3rd Floor, Block C, Kolkata – 700016.
THANK YOU
Done By : Rina Mukherjee
