The document discusses the history of Ernst & Young, an accounting firm founded in 1903. It details the founders Arthur Young and Alwin Ernst, the establishment of the firm in 1881 and 1906 respectively, and milestones such as establishing a staff school in the 1920s and campus recruiting in the 1930s. Ernst and Young merged in 1989 after both founders passed away in 1948. The document also briefly mentions Ernst & Young's role in information systems and compares it to other big accounting firms such as KPMG, PricewaterhouseCoopers, and Deloitte.