Ernst
& Young or EY is one of the so-called 'Big Four' audit firms.
Founded in 1989 through the
merger of Ernst & Whinney and Arthur Young & Co, the
multinational professional services firm is the third largest in the
world by aggregated revenue (2014), after PwC and Deloitte. The
organisation operates as a network of member firms which are separate
legal entities in individual countries.
In
2016, Fortune magazine ranked EY as one of the 100 Best Companies to
Work For and it is now
the 11th largest privately owned organisation in the United States.
It has at least
212,000 employees in over 700 offices around 150 countries in the
world. It provides assurance (including financial audit), tax,
consulting and advisory services to companies.
EY Global
EY
is the most globally managed of the Big Four firms. EY Global sets
global standards and oversees global policy and consistency of
service, with client work performed by its member firms. Each member
is organised as part of one of four areas, whereas
most other
professional services networks are more centrally managed.
The
four areas are:
- Europe, Middle East, India and Africa
- Americas
- Asia-Pacific
- Japan
Each
area has an identical business structure and a management team, which
is lead by an Area Managing Partner who is part of the Global
Executive board. The aim of this structure is to effectively cater
for an increasingly global clientèle,
who have multinational interests.
“Building a Better Working World”
EY
aims to create what they describe as “a better
working world”, by asking #better
questions, such as “how do we inspire future entrepreneurs to
bring their ideas to life”? For them, this better world looks like
increased trust and confidence in business, sustainable growth,
development of talent in all its forms, and greater collaboration.
This includes using their global reach and scale to start
conversations about the challenges facing economies and the capital
markets. They believe that “when business works better, the world
works better”.
EY Entrepreneur Of The Year®
As
part of it's goal to recognise, celebrate and nurture
the power of entrepreneurs to make a difference and bring fresh ideas
to create positive social change, EY started their Entrepreneur
of the Year awards programme.
The
first programme took place in 1986 in Milwaukee, Wisconsin, in the
United States and by 1987 it was held across 11 US cities, expanding
internationally in 1993. The programme celebrates entrepreneurs,
giving them the chance to share their stories, inspire others and
receive the recognition they deserve.
Over
the last five years, more than 6,500 entrepreneurs have become
Entrepreneur Of The Year alumni, a
veritable “who’s who”
of both developed and emerging markets. Over half of today’s top
100 NASDAQ companies have won Entrepreneur Of The Year, and most
received the award before they achieved top 100 status.
Click
here to
see our membership packages or here
to subscribe to our mailing list. Leave a comment below to let us
know your opinion on this
week's company spotlight.
No comments:
Post a Comment