10 Quick Facts On Ernst & Young | जानिए Ernst & Young के बारे में
Summary
TLDRIn this episode of Random Facts by Shikha, discover 10 intriguing facts about Ernst & Young (EY), a leading multinational professional services network and one of the Big Four accounting firms. Founded in 1989 and headquartered in London, EY has grown to employ nearly 300,000 people across 700 offices in over 150 countries. The company offers a range of services from assurance and tax to consulting in strategy, operations, HR, and technology. EY, not listed on any stock exchange to maintain independence, has been recognized on Fortune's 100 Best Companies to Work For list for 21 years, with a 2020 revenue of $37.2 billion. The video highlights EY's strong work culture and personal growth opportunities for employees.
Takeaways
- 🌐 Ernst & Young (EY) is a multinational professional services network and one of the Big Four accounting firms.
- 🏢 Founded in 1989 and headquartered in London, England, EY has a global presence with nearly 300,000 employees in over 700 offices across more than 150 countries.
- 📈 EY provides a range of services including assurance, tax, consulting, and advisory, with a focus on strategy, operations, HR, technology, and financial services consulting.
- 💼 The firm is organized geographically into four main regions: EMEIA (Europe, Middle East, India, and Africa), Americas, and Asia Pacific.
- 🔄 Resulting from a merger in 1989, EY was originally known as Einstein Veni and Erther and Young Corporation, and officially rebranded to EY in 2013.
- 🏦 EY is not publicly traded on any stock exchanges, which helps maintain the independence of the Big Four accounting firms.
- 🏆 Recognized for its work culture, EY has been consistently ranked on Fortune's list of the 100 Best Companies to Work For over 21 years.
- 💰 In 2020, EY reported a revenue of $37.2 billion USD, reflecting its strong financial performance.
- 🌟 EY's work environment is praised for fostering both professional and personal growth among its employees.
- 📺 The video encourages viewers to like, share, and subscribe to the 'Random Facts by Shikha' YouTube channel for more informative content.
Q & A
What is the full name of the company known as EY?
-EY stands for Ernst & Young Global Limited, which is a multinational professional services network company.
Why is EY considered one of the 'Big Four' accounting firms?
-EY is considered one of the 'Big Four' because it is one of the largest professional services networks in the world, alongside three other major firms.
When was EY founded and where is its headquarters located?
-EY was founded in 1989 through a merger of two accounting firms and is headquartered in London, England.
What are the primary services offered by EY?
-EY's primary services include assurance, tax, consulting, and advisory services, and it has expanded into various areas such as strategy, operations, HR, technology, and financial services consulting.
How many employees does EY have and in how many countries does it operate?
-EY has close to 300,000 employees and operates in over 700 offices across more than 150 countries worldwide.
How is EY organized geographically?
-EY is organized into four geographical regions: EMEIA (Europe, Middle East, India, and Africa), the Americas, and Asia Pacific.
Why did EY undergo a rebranding campaign in 2013?
-The rebranding campaign in 2013 officially changed the company's name to EY to reflect a more modern and global identity.
Why is EY not listed on any stock exchanges?
-EY is not listed on stock exchanges to maintain independence and avoid potential conflicts of interest, which is a common practice among the Big Four accounting firms.
How long has EY been ranked on Fortune magazine's list of the 100 best companies to work for?
-EY has been continuously ranked on Fortune magazine's list for the past 21 years.
What was EY's revenue in the year 2020?
-EY recorded a revenue of 37.2 billion US dollars in the year 2020.
What is the work culture and work-life balance like at EY?
-The work culture and work-life balance at EY are described as amazing, with people growing both professionally and personally while working there.
Outlines
🏢 Introduction to Ernst & Young
This paragraph introduces the video and the company Ernst & Young (EY). It requests viewers to like, share, and subscribe to the channel. EY is a multinational professional services network and one of the Big Four accounting firms, founded in 1989 and headquartered in London. The company's primary business is providing assurance, tax, consulting, and advisory services, and it has expanded into various fields including strategy, operations, HR, technology, and financial services consulting. EY has nearly 300,000 employees across over 700 offices in more than 150 countries. The firm is organized geographically and was formed by a merger in 1989, later rebranding to EY in 2013. It is not listed on any stock exchange to maintain independence. EY has been ranked on Fortune's 100 Best Companies to Work For for 21 years and recorded a revenue of $37.2 billion in 2020. The work culture and work-life balance at EY are praised, with employees growing both professionally and personally.
Mindmap
Keywords
💡Ernst & Young
💡Professional Services
💡Big Four
💡Headquartered
💡Assurance
💡Consulting
💡Global Presence
💡Fortune's 100 Best Companies to Work For
💡Revenue
💡Work Culture
💡Rebranding
Highlights
Welcome to the channel 'Random Facts by Shikha'.
Today's video covers 10 quick facts about Ernst & Young (EY).
EY is a multinational professional services network company.
It is one of the largest professional services networks and one of the Big Four accounting firms.
Founded in 1989, EY is headquartered in London, England.
EY provides assurance, tax, consulting, and advisory services.
The company has expanded into strategy, operations, HR, technology, and financial services consulting.
EY employs nearly 300,000 people in over 700 offices across more than 150 countries.
The firm is organized geographically into EMEA, Americas, and Asia-Pacific regions.
EY was formed by the merger of Ernst & Whinney and Arthur Young & Co. in 1989.
In 2013, a rebranding campaign officially changed its name to EY.
EY is not listed on any stock exchanges to avoid independence violations.
EY has been ranked on Fortune magazine's list of the '100 Best Companies to Work For' for the past 21 years.
In 2020, EY recorded a revenue of $37.2 billion USD.
EY is known for its excellent work culture and work-life balance.
People have grown both professionally and personally while working at EY.
Request to like, share, and subscribe to the channel if you enjoyed the video.
Transcripts
hello everyone and welcome back to my
channel random facts by shikha in
today's video we will know 10 quick
facts on ernst and young
before starting the video would request
you to please like share and subscribe
to my youtube channel
[Music]
einstein young global limited also known
as ey is a multinational professional
services network company
it is one of the largest professional
services networks in the world and one
of the big four accounting firms
the company was founded in 1989 and is
headquartered in london england
primary business of the company is
providing assurance tax consulting and
advisory services
now it has expanded into accounting
including strategy
operations hr technology
and financial services consulting
it has close to 3 lakh employees in over
700 offices in more than 150 countries
around the world
the firm is organized geographically in
emea which includes europe middle east
india and africa america and asia
pacific
in 1989 by a merger of two accounting
firms einstein veni and erther and young
corporation ernst young was formed
later in 2013 a rebranding campaign
officially changed its name to ey
ey is not listed on any stock exchanges
the big four firms can face independence
violations if they went public
for the past 21 years ey has
continuously been ranked on fortune
maxine's list of the hundred best
companies to work for
it recorded a revenue of 37.2 billion us
dollars in the year 2020.
the work culture and work-life balance
in ey is amazing
people have grown professionally and
personally while working with eye
if you like the video then please don't
forget to hit that like button share it
with your friends and subscribe to the
channel
you
Browse More Related Video
Home Depot Success Analysis - the World’s Largest Home Improvement Retailer
Wartsila in the Netherlands
Should you buy Samsonite stock? (August 2024)
Big 4 Interview Questions | EY Business Consulting Interview | Risk Advisory | EY Interview Question
Leading Ladies Kathryn Baker
Consulting 101 - What is Consulting?
5.0 / 5 (0 votes)