EY (Ernst & Young) LLP Consulting Practice

EY (Ernst & Young) LLP Consulting Practice Company Profile


Earnest Ernst
For two decades, EY has helped clients stay on the straight and narrow.  The world's second-largest accounting firm, Ernst & Young's 144,000 employees around the world offer advisory, assurance, tax and transaction advisory services via offices in 140 countries. 

Ernst & Young LLP is the U.S. member firm of Ernst & Young Global, with over 40,000 professionals who work with clients in the asset management, automotive, banking and capital markets, biotechnology, consumer products, insurance, media and entertainment, mining and metals, oil and gas, pharmaceutical, power and utilities, provider care, real estate, retail and wholesale, technology and telecommunications industries.

Not consulting, "advising"
It's difficult to discuss EY's consulting capabilities without delving into the realm of ancient business history.  First, and perhaps most importantly, is that there is no such thing as a "consulting" wing at Ernst & Young.  There is, however, an "advisory" unit, a term adopted as EY sought to rebuild its business advisory presence following the $11 billion sale of its original consulting unit to Capgemini in 2000.  The reason for that shift in terminology appears to lie with then-CEO James Turley, who commented in 2007 that "'consulting' is a very broad and no longer particularly helpful term."  Accordingly, the firm "advises," where others might "consult," on four core areas: performance improvement (finance, customer and supply chain and operations); risk (enterprise-wide governance, risk and compliance, internal audit, internal controls financial services risk management and actuarial); IT risk and assurance (IT risk management, application risk, infrastructure risk, and data risk and IT assurance); and other cross-advisory teams, such as IT advisory, people and organizational change, program advisory and strategic performance.

While all of the above services are part of Ernst & Young LLP's advisory unit, it's the performance improvement services segment that addresses what might traditionally be viewed as management consulting services.  While the offerings within that unit vary from country to country, the U.S. practice has just three core competencies: customer, finance, and supply chain and operations.

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EY (Ernst & Young) LLP Consulting Practice


5 Times Square
New York, NY 10036
Phone: 212-773-3000
Fax: 212-773-6350
www.ey.com

STATS


  • Employer Type: Private
  • Global Chairman & CEO: Mark Weinberger
  • Global Vice Chair - Advisory: Norman Lonergan
  • Area Managing Partner - Americas: Steve Howe
  • 2014 Employees: 29,747

  • Employment Contact

    www.ey.com/US/en/Careers/Careers-Home


  • Major Departments & Practices

    Advisory Services

    Performance Improvement

    Risk

    IT

Major Office Locations

  • New York, NY
  • London, United Kingdom

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