Report on Ernst & Young Global Limited
Group G1
Danish Warsi (13217)
Pujitha Muramalla (13230)
Sachin Parnerkar (13242)
Sahil Bhadviya (13241)
Saurabh Kumar (13246)
Contents
1. INTRODUCTION
1.1 About Ernst & Young
Ernst & Young (trading as EY*) 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 which includes Deloitte, KPMG, and PricewaterhouseCoopers.
The organization operates as a network of member firms which are separate legal entities in individual countries. EY is a global leader in assurance, tax, transactions and advisory services. It has 167,000 employees and more than 700 offices in more than 140 countries.
EY is committed to doing its part in building a better working world for its people, for its clients and for its communities.
1.2 History
It has taken the bold leadership and countless contributions of people around the world to form the leading global organization EY is today. Our roots go back to the 19th century and our founders Arthur Young and Alwin C Ernst.
Arthur Young 1863–1948
Alwin C Ernst 1881–1948
*EY refers to the global organization, and may refer to one or more, of the 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.
Arthur Young was born in Glasgow, Scotland. He graduated in law, but became interested in banking and investment. In 1890, he moved to the US to pursue his career in accounting. In 1906, he formed an accounting firm, Arthur Young & Company, with his brother Stanley.
Alwin C Ernst was born in Cleveland, USA. After leaving school he worked as a bookkeeper. Then, in 1903, he and