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.
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