Ernst & Young Net Worth is24.42 $Billion
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Company Name: Ernst & Young (EY)
Company Type: Member firms have different legal structures, USA and UK: Limited liability partnership
Company Slogan: Quality in everything we do
Location: London, United Kingdomurl
Foundation: 1989; individual components from 1849
Area Served: Worldwide
Key People: Jim Turley (Chairman & CEO)[ "Ernst & Young: Jim Turley"]. Ernst & Young. Retrieved 9 July 2011.

Industry: Professional services
Services: Assurance services, Other
Divisions: Assurance, Advisory, Tax, Transactions
Revenue: url
Num Employees: 152,000 (2012)
Homepage: []
Ernst & Young (EY) is one of the largest professional service firms in the world and one of the "Big Four" accounting firms, along with Deloitte, KPMG and PricewaterhouseCoopers (PwC).
Ernst & Young is a global organization of member firms in more than 140 countries, headquartered in London, England. It was ranked by Forbes magazine as the eighth-largest private company in the United States in 2011.
Ernst & Young 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.
As early as 1924 these American firms allied with prominent British firms, Young with Broads Paterson & Co. and Ernst with Whinney Smith & Whinney. In 1979 this led to the formation of Anglo-American Ernst & Whinney, creating the fourth largest accountancy firm in the world. Also in 1979, the European offices of Arthur Young merged with several large local European firms, which became member firms of Arthur Young International.
In 1989, the number four firm Ernst & Whinney merged with the then number five, Arthur Young, on a global basis to create Ernst & Young.
In October 1997, EY announced plans to merge its global practices with KPMG to create the largest professional services organization in the world, coming on the heels of another merger plan announced in September 1997 by Price Waterhouse and Coopers & Lybrand. The merger plans were abandoned in February 1998 due to client opposition, antitrust issues, cost problems and difficulty of merging the two diverse companies and cultures.
EY had built up its consultancy arm heavily during

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Ernst & Young Latest News

Grassley, Ernst say RFS must remain strong

Iowa congressional supporters of the Renewable Fuel Standard say they're willing to listen to critics of the law, but they'll resist anything that undermines the measure that requires billions of gallons of biofuels to be blended into the nation's fuel supply.
Posted: December 14, 2017, 3:35 pm

Ernst & Young Promotes Kelly Grier to Run Its U.S. Business

Ernst & Young LLP named Kelly Grier as its new chairman and managing partner Wednesday, making her the first woman to lead the giant accounting and professional-services firm in the U.S. Ms. Grier is currently central U.S. regional managing partner for ...
Posted: December 6, 2017, 4:13 pm

Ernst & Young LLP comments on tax reform bill

"Republican conferees' agreement on a final tax bill paves the way for enactment by year end with significant changes to the way businesses and individuals are taxed. With the rapidly approaching effective dates of many new provisions, there is a short ...
Posted: December 14, 2017, 5:02 am
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