Ernst and Young is a global professional services firm that provides audit, tax, and advisory services. It was formed in 1989 by the merger of Arthur Young & Co. and Ernst & Whinney. The document discusses Ernst and Young's values of integrity and public protection. It also outlines the career progression from staff accountant to partner. Staff accountants focus on audit work, while managers supervise staff and clients. The summary advises staff to prepare for more responsibilities and clients as managers through training, networking, and time management. Managers should help staff prepare and develop skills for further promotion.