Search Results for: Ernst and Young
EY announced global revenues of US$31.4b
September 6th, 2017
EY announces combined global revenues of US$31.4b for the financial year ended 30 June 2017. Overall, financial year (FY) 2017 revenue grew by 7.8% in local currency (versus FY16). All EY service lines delivered strong growth in FY17: Assurance ...
Big Four accountant EY will replace KPMG as auditor of mining giant BHP Billiton
August 28th, 2017
Big Four accountant EY has snared a lucrative victory, replacing KPMG as mining giant BHP Billiton’s auditor. BHP conducted an audit tendering process during the year in the wake of regulations forcing firms to rotate their statutory accountants. As ...
EY promotes 669 new partners worldwide
July 12th, 2017
EY continues to advance women and partners from the emerging markets (comprising nearly 30% and 36% of all promotions respectively) Promotions demonstrate EY’s commitment to developing leaders EY announces that 669 people globally have been promoted to partner. For ...
ABB to propose KPMG as external auditor from 2018
May 22nd, 2017
ABB announced today that its Board intends to appoint KPMG as its external auditor effective for the financial year 2018. This decision was taken following a year-long comprehensive external auditor tender process initiated in 2016 in line with international good governance practices. The proposal is subject to shareholder approval at ABB’s 2018 Annual General Meeting. Ernst & ...
Toshiba Is Replacing Its Auditor PwC Over Irreconcilable Differences
April 26th, 2017
Toshiba Corp (TOSBF, +1.24%) has decided to replace its auditor after less than a year as the troubled electronics conglomerate struggles to win its approval on full-year financial statement, the Nikkei business daily reported. Earlier this month, the company ...
Accounting firms employ robots in their offices
April 20th, 2017
Robotic software sweeping large accounting firms and clients While it doesn’t shoot lasers or clean her Minneapolis office Roomba-style, her “bot” can do some of her digital data dirty work so she doesn’t have to. “I don’t want to ...
Moscow Exchange has successfully undergone an annual assurance review
March 27th, 2017
Moscow Exchange announced that it has successfully undergone an annual assurance review of compliance of the MOEX indices with the IOSCO Principles for Financial Benchmarks. Ernst & Young that had been engaged to complete the review affirmed that index ...
2017 EY Entrepreneurial Winning Women Asia-Pacific program
March 7th, 2017
Fifteen leading businesswomen named to 2017 EY Entrepreneurial Winning Women Asia-Pacific program Program includes businesswomen from Australia, Greater China, Singapore, South Korea, Sri Lanka and Vietnam Businesses in technology, finance, lifestyle, energy and food and beverage sectors represented Coinciding ...
EY launches Future Work Now
February 2nd, 2017
EY announced today a new service offering and holistic program that helps companies develop workforces optimized for the new, highly digital work environment. Future Work Now offers business leaders configurable tools and processes to assist organizations in diagnosing, assessing ...
KPMG hired a team of 70 consultants from fellow big four firm EY
January 23rd, 2017
KPMG in Spain hired a team of 70 consultants from fellow big four firm EY who were working on advisory projects for listed energy company Gas Natural, financial newspaper Expansion first reported. The EY consultants are led by partners ...
