EY Consulting Practice APAC
Overview
Introduction
Ernst & Young is one of the global Big Four accounting firms. They are best known for providing audit, tax, business risk, technology and security risk services, and human capital services. Through four service lines—assurance, consultancy, strategy, and transactions—they help transform businesses.
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Vault Verdict
As a member of the Big 4 professional services firms, EY's reputation is almost untouchable--there's a reason that the firm has 212,000 employees worldwide,and pulled in $29.6 billion in FY 2016. As such, there's little reason to doubt that it will continue to win and deliver projects for clients for the foreseeable future. When it comes to its position within the consulting industry itself, however, industry insiders point to a reliance on transactional work, rather than the cutting-edge strategic work that attracts many to the profession. Bottom line: if you're looking for stability with the added bonus of a gold-plated name on your resume, EY is a good choice.
About the Company
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.
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 Turle...
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