Difference between revisions of "Ernst and Young"
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+ | '''Ernst & Young''' is one of the largest professional services firms in the world and one of the Big Four accountancy firms. | ||
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+ | Just four accounting firms – [[PricewaterhouseCoopers]], [[KPMG]], [[Deloitte & Touche]] and [[Ernst & Young]] – audit 97% of FTSE 350 companies.<ref>Prem Sikka, [http://www.guardian.co.uk/commentisfree/2008/dec/14/credit-crunch-auditing Called to account], Guardian, 14 December 2008</ref> "Although their might is being challenged by mid-tier firms such as [[Grant Thornton]].<ref>Prem Sikka, [http://www.guardian.co.uk/commentisfree/2007/may/30/rawdealing Raw dealing], Guardian, 30 May 2007</ref> | ||
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+ | ==Tax avoidance== | ||
+ | The Big Four accountancy firms were behind almost half of all known [tax] avoidance schemes, the Revenue (HMRC) said in 2006.<ref>[http://www.guardian.co.uk/business/2009/feb/07/tax-gap-avoidance-schemes Gilt-edged profits for profession's 'big four'], Guardian, 7 February 2009</ref> | ||
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+ | ==Contacts== | ||
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+ | ==References== | ||
+ | <references/> | ||
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[[category:Accounting Industry]] | [[category:Accounting Industry]] | ||
+ | [[Category: Financial sector lobbying]] |
Revision as of 11:58, 11 April 2011
Ernst & Young is one of the largest professional services firms in the world and one of the Big Four accountancy firms.
Just four accounting firms – PricewaterhouseCoopers, KPMG, Deloitte & Touche and Ernst & Young – audit 97% of FTSE 350 companies.[1] "Although their might is being challenged by mid-tier firms such as Grant Thornton.[2]
Tax avoidance
The Big Four accountancy firms were behind almost half of all known [tax] avoidance schemes, the Revenue (HMRC) said in 2006.[3]
Contacts
References
- ↑ Prem Sikka, Called to account, Guardian, 14 December 2008
- ↑ Prem Sikka, Raw dealing, Guardian, 30 May 2007
- ↑ Gilt-edged profits for profession's 'big four', Guardian, 7 February 2009