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

2. 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.

3. 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.

4. 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.

5. 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.

6. 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.

7. Old Logo

8. New Logo

9. 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.

10. 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.

11. 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

12. 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.

13. 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".

14. 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

15. 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

16. THANK YOU