Ernst & Young
| EY | |
| Company type | Private company limited by guarantee[1] |
| Industry | Professional services |
| Predecessor |
|
| Founded | 1989 (through merger of Ernst & Whinney and Arthur Young & Co.; oldest component from 1849)[2] |
| Headquarters | London, England |
Area served | Worldwide |
Key people | Janet Truncale (Global chair, CEO) Effective July 1, 2024[3] |
| Services |
|
| Revenue | US$51.2 billion (2024)[4] |
Number of employees | 392,995 (2024)[5] |
| Divisions |
|
| Subsidiaries | EY-Parthenon |
| Website | ey.com |
EY,[6][7] previously known as Ernst & Young, is a British multinational professional services network based in London, United Kingdom.[8] Along with Deloitte, KPMG and PwC, it is one of the Big Four accounting firms. The EY network is composed of member firms of Ernst & Young Global Limited, a UK company limited by guarantee.[8]
EY is one of the largest professional services networks in the world.[9] It primarily provides assurance, tax, information technology services (including managed services in areas like Cybersecurity, Cloud, Digital Transformation and AI), consulting, and advisory services to its clients.[10]
Ernst & Young Global Limited operates as a network of member firms which are structured as separate legal entities in a partnership, which has 395,442 employees in over 700 offices in more than 150 countries.[11] The firm's current partnership was formed in 1989 by a merger of two accounting firms: Ernst & Whinney and Arthur Young & Co.[12] It was named Ernst & Young until a rebranding campaign officially changed its name to EY in 2013,[13] although this initialism was already used informally prior to its sanctioning adoption.
In 2023, EY was the seventh-largest privately owned organization in the United States,[14] and EY has for 25 years been continuously ranked on Fortune magazine's list of the 100 Best Companies to Work For, longer than any other accounting firm.[15] The firm has, however, repeatedly come under scrutiny for systemic issues in their training, hiring, and work culture.
- ^ "Ernst & Young Global Limited". Companies House. Retrieved 23 July 2020.
- ^ "Facts & Figures". Ernst & Young. 30 June 2011. Retrieved 8 December 2011.
- ^ "Janet Truncale selected as next EY Global Chair and CEO; effective July 1, 2024". EY. 15 November 2023. Retrieved 16 November 2023.
- ^ Lloyd, Rachel. "EY reports global revenue of US$51.2b for fiscal year 2024". EY. Ernst & Young Global Limited. Retrieved 2 July 2025.
- ^ "EY reports global revenue of US$51.2b for fiscal year 2024". ey.com. 17 October 2024. Retrieved 2 July 2025.
- ^ Cite error: The named reference
rebrandingwas invoked but never defined (see the help page). - ^ Cite error: The named reference
rebranding2was invoked but never defined (see the help page). - ^ a b "Legal statement". www.ey.com. Retrieved 19 March 2025.
- ^ "Professional Services Company Overview of Ernst & Young LLP". bloomberg.com. Retrieved 12 April 2019.
- ^ "EY at a glance". EY. Retrieved 3 July 2013.
- ^ "EY reports record global revenue results of just under US$50b". ey.com. 13 September 2023. Retrieved 13 September 2023.
- ^ "A timeline of our history". EY. Archived from the original on 27 September 2016. Retrieved 24 September 2016.
- ^ Reddan, Fiona (1 July 2013). "Ernst & Young re-brands". The Irish Times. Archived from the original on 2 July 2013. Retrieved 3 July 2013.
- ^ "Top Ten Largest Private Companies in the World". Forbes. 25 April 2023. Retrieved 8 February 2024.
- ^ "Fortune Magazine 2019 100 Best Companies to Work For". Fortune. Archived from the original on 8 April 2022. Retrieved 12 December 2019.