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Ernst & Young Essay

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“At EY, we are committed to building a better working world – one with increased trust and confidence in business, sustainable growth, development of talent in all its forms, and greater collaboration” . This mindset has made EY the world leader in providing services in assurance, tax, transaction and advisory.
While delivering their services, EY strongly follows the philosophy of building a better working world for their people, their clients and for their communities. By doing so, EY helps delivering and building trust and confidence in the capital markets in economies all over the world. They develop outstanding leaders who team to deliver on their promise to all their stakeholders.
In order to understand how such a globally aware company came to be, we shall …show more content…

Early and Recent History
The organisation dates back to 1849, when Harding & Pullein was founded in England. In that same year, Frederick Whinney joined the firm and was quickly made a partner in 1859. Under the tenure of his sons, the company was renamed Whinney, Smith & Whinney in 1894.
A couple of years later, in 1903, an accountancy company named Ernst & Ernst was established by Alwin C. Ernst. At the same time another firm was established by Arthur Young, called Young & Co. As early as 1924, these American companies allied with prominent British firms, Young forming a partnership with Broads Paterson & Co and Ernst — with Whinney, Smith & Whinney. As a result, the two leading companies in the world of accounting: Earnst & Whineey and Arthur Young & Co, were formed.
Today’s EY is a result of a series of mergers of ancestor organisations, the most important merge surely being the one of the two companies mentioned above. While interacting on a global basis, they named themselves Ernst & Young. Further changes occurred in 2013, when Ernst & Young underwent a rebranding to the name

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