Ernst and Young
 |
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| Member firms have different legal structures (USA, UK, and India: Limited Liability Partnership) |
|
| Industry | Professional services |
| Founded | 1989 through the merger of Ernst & Whinney and Arthur Young & Co. Oldest component from 1849 |
| Headquarters | 1 More London, London, United Kingdom |
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Area served
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Worldwide |
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Key people
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Mark Weinberger (Chairman & CEO) John Ferraro (Global COO) |
| Services |
Assurance Tax Advisory Consulting Financial Advisory Legal |
| Revenue |
 US$29.6 billion (2016) |
|
Number of employees
|
231,000 (2016) |
| Divisions | Assurance, Advisory, Transaction Advisory Services, Tax, Legal |
| Website | www |
Mark Weinberger (Chairman & CEO)
EY (formerly Ernst & Young) is a multinational professional services firm headquartered in London, United Kingdom. EY is one of the largest professional services firm in the world and is one of the "Big Four" accounting firms.
The organisation operates as a network of member firms which are separate legal entities in individual countries. It has 231,000 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 49th of the 100 Best Companies to Work For, and in 2016, EY is the 11th largest privately owned organization in the United States.
EY is the result of a series of mergers of ancestor organizations. The oldest originating partnership was founded in 1849 in England as Harding & Pullein. In that year the firm was joined by Frederick Whinney. He was made a partner in 1859 and with his sons in the business it was renamed Whinney Smith & Whinney in 1894.
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.
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Wikipedia