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Topic: Ernst Young

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In the News (Thu 23 May 19)

 [No title]   (Site not responding. Last check: 2007-10-07)
Ernst & Young is one of the Big Four auditors.
Ernst & Young was the first of the Big Five Auditors to formally and fully separate its systems integration and auditing practices.
Ernst & Young are the auditors for a number of major corporations, including AOL Time Warner, Wal-Mart, Amazon.com, Oracle, Coca-Cola, and Verizon.
www.informationgenius.com /encyclopedia/e/er/ernst___young.html   (306 words)

 Ernst & Young
Ernst & Young refers to all the members of the global Ernst & Young organization.
Ernst & Young can help you focus on fundamental as well as emerging IT issues as you develop and execute plans to respond to stakeholder expectations.
Ernst & Young Switzerland Ernst & Young Singapore Ernst & Young Venezuela Ernst & Young Vietnam Ernst & Young Zimbabwe The right transaction provides the opportunity to enhance the growth, competitiveness and profitability of your organization.
www.eyi.com   (868 words)

 Ernst & Young - Global Home   (Site not responding. Last check: 2007-10-07)
This is a key finding from Ernst & Young’s Emerging Trends in Internal Controls: Fourth Survey and Industry Insights, which reports on the experiences of 255 companies that have implemented internal controls procedures to comply with Section 404 of the Sarbanes-Oxley Act.
Ernst & Young has summarized the proposals and explains how it would result in a change from accounting on a ‘cost basis’ to a ‘fair value’ basis.
Through EY/Ethics — Ernst & Young's global ethics hotline — you can report activity or conduct that you believe may be unethical, illegal, in violation of professional standards, or otherwise inconsistent with the Ernst & Young Global Code of Conduct.
www.ey.com /global/content.nsf/International/Home   (843 words)

 Ernst & Young - Venture One collaboration   (Site not responding. Last check: 2007-10-07)
VentureOne and Ernst and Young have announced that the two organizations have established a groundbreaking global alliance to provide expanded information and insights about worldwide venture capital activity.
Ernst and Young's Venture Capital Advisory Group is a global team of professionals dedicated to serving the needs of the venture capital community.
Ernst and Young, a global leader in professional services, understands the business issues that are important to entrepreneurs.
www.citytext.co.uk /press_releases/ernst4.html   (714 words)

 BBC NEWS | Business | US questions Ernst & Young's independence
As part of the firms relationship between 1994 and 2000, Ernst & Young paid Peoplesoft a 15-30% commission for each sale of its tax software, or a minimum royalty of $300,000 (£205,000), the Securities and Exchange Commission (SEC) said.
Ernst & Young earned several hundred million dollars in consulting fees from advising clients to use the software.
Ernst & Young has denied any wrongdoing and vowed to defend itself vigorously.
news.bbc.co.uk /1/hi/business/1999519.stm   (252 words)

 Ernst & Young   (Site not responding. Last check: 2007-10-07)
Ernst & Young Australia is Named 2005 Audit Firm of the Year
Ernst & Young believes the process needs some basic remediation for it to be effective in design and operation to meet its objectives.
The Australian Institute of Company Directors and Ernst & Young recently teamed together to conduct a nationwide study on the “Leading Practices in Risk Management” among Australia’s director community.
www.ey.com.au   (392 words)

 ITworld.com - SEC after Ernst & Young over PeopleSoft partnership
Ernst & Young stands accused of violating SEC rules on auditor independence and, if found guilty, could be barred from auditing public companies and could be forced to give back audit fees it charged PeopleSoft, an SEC official said Tuesday.
Ernst & Young no longer audits PeopleSoft, according to the SEC's Berger, and the business relationships highlighted by the SEC have ended, according to the Ernst & Young statement.
In the past, Ernst & Young, based in New York, has defended its practice of continuing to offer IT services by saying that it offers them in an "advisory" manner, an approach that doesn't impair its auditing independence and that is different from a more hands-on "consulting" approach.
www.itworld.com /Man/2698/020521ernstpeoplesoft   (1121 words)

 Ernst & Young Czech Republic - Home   (Site not responding. Last check: 2007-10-07)
Ernst & Young's EUPlus: Investments in New EU Member States, which includes the Czech Republic as well as countries due to join the EU in 2007, provides a comparison of new member states' fiscal and legal conditions with a special focus on taxation.
The Ernst & Young Human Capital specialist in the 10 new EU states prepared a useful overview of the changes regarding applications for residency and work permits in the 10 new EU countries entitled Immigration rules in the New Europe
Ernst & Young sponsors the Czech branch of the IGM in Prague.
www.ey.cz   (853 words)

 Recusals Doom an SEC Case (washingtonpost.com)   (Site not responding. Last check: 2007-10-07)
In May, the SEC alleged that Ernst and Young violated its duty to remain independent from companies it audits by jointly developing and marketing software with client PeopleSoft Inc. The enforcement action had the potential to disqualify Ernst and Young from auditing companies listed on the stock markets, which would have been crippling.
Ernst and Young had argued that the enforcement action was illegitimate because at least two commissioners are required to participate in such decisions.
Before President Bush appointed him to the SEC last year, he represented Ernst and Young in the case dismissed yesterday, a securities lawyer familiar with the case said.
www.washingtonpost.com /ac2/wp-dyn/A16265-2002Jul2   (555 words)

 Equitable Life drops 1.3 bln stg 'lost sale' claim against Ernst & Young - Forbes.com   (Site not responding. Last check: 2007-10-07)
Ernst and Young also issued a statement: 'We have always maintained this was a case that should never have been brought.
The claim against Ernst and Young was that the accounts were deficient in 1997-1999 because they did not include proper provisions for guaranteed annuity rates, and the auditors were negligent and in breach of duty in not reporting that.
Ernst and Young has always maintained that Equitable's claim is misconceived and entirely without merit.
www.forbes.com /home/feeds/afx/2005/07/18/afx2143713.html   (692 words)

 New York Daily News - Business - Ernst & Young gets whacked by SEC   (Site not responding. Last check: 2007-10-07)
Ernst & Young, the No. 3 accounting firm, was barred from accepting new audit clients for six months by a Securities and Exchange Commission judge.
Ernst & Young's business venture with audit client PeopleSoft violated SEC rules designed to preserve the independence of audits, SEC Chief Judge Brenda Murray said in a ruling yesterday.
Ernst & Young also has come under scrutiny for its audits of HealthSouth, AOL Time Warner and Cendant, which have announced the need to restate their finances.
www.nydailynews.com /business/story/184346p-159900c.html   (305 words)

 Houston's Clear Thinkers: May 2004 Archives   (Site not responding. Last check: 2007-10-07)
The investigation of Ernst reflects the continuation of the Justice Department's continued effort to crack down on tax evaders and their professional advisers, including accounting firms, law firms and financial institutions.
The criminal investigation of Ernst is somewhat surprising in that Ernst last summer reached a civil settlement -- which included payment of a $15 million penalty -- with the IRS to resolve allegations that it failed to register its tax-shelter strategies with the government and maintain lists of investors who participated in them.
Ernst disbanded the division that had been involved in developing and marketing its most aggressive tax shelters and, as part of the IRS settlement, Ernst also instituted organizational changes aimed at ensuring future compliance with federal and state tax laws.
blog.kir.com /archives/2004_05.asp   (11624 words)

 Ernst & Young Belgium : Accounting - Audit - Assurance - Tax - Transactions - Human Capital
Ernst & Young provides services to small, medium, large and multinational companies, as well as governmental and not for profit organisations.
Ernst & Young verleent diensten aan kleine, middelgrote en grote ondernemingen, multinationals, overheden en not for profit organisaties.
Ernst & Young propose ses services aux PME et grandes entreprises, aux multinationales, aux instances publiques et aux organisations sans but lucratif.
www.ey.be   (232 words)

 Jobs for Life
Ernst & Young is a cautious firm that has embarked on a bold experiment to address deeply personal questions about work.
The chairman and CEO of Ernst & Young LLP couldn't be offering her a job.
When Ernst & Young launched its life-balance initiatives, the firm didn't just roll out one or two measures.
www.fastcompany.com /online/34/ernst.html   (5449 words)

 Home   (Site not responding. Last check: 2007-10-07)
George Fistonich of Villa Maria was named the 2005 Ernst and Young Entrepreneur of the Year at a gala banquet dinner in Auckland last night.
Ernst and Young is delighted to announce its 2006 Executive Programme, for outstanding individuals seeking to attain positions of higher responsibility.
Members of the EGN enjoy regular business review sessions with a senior member of the Ernst & Young Entrepreneurial Services team; they have a subscription to The Entrepreneur magazine, and access to a member only website.
www.eynz.co.nz   (416 words)

 Geschiedenis van Ernst & Young | Ernst & Young Nederland
Door verdergaande internationalisatie en standaardisering is wereldwijd in alle landen de naam teruggebracht tot Ernst and Young.
Daarom viel het oog op het Amerikaanse Arthur Young en de Engels-Amerikaanse combinatie Ernst and Whinney.
Een fusie tussen KPMG en Ernst and Young werd in hetzelfde jaar afgeblazen, mede vanwege de bezwaren vanuit Brussel tegen een te grote concentratie die door deze fusie zou ontstaan.
www.mey.nl   (1019 words)

 Young, Arthur on Encyclopedia.com   (Site not responding. Last check: 2007-10-07)
In 1784, Young founded the periodical Annals of Agriculture and edited it through 1808.
Trump Hotels and Casino Resorts Appoints Ernst and Young LLP As Its New Independent Accounting Firm.
Young Innovations, Inc. to Present at the Third Annual Gabelli and Company Dental Conference.
www.encyclopedia.com /html/Y/Young-A1r.asp   (455 words)

 Ernst & Young | Willkommen
In a global survey of financial institutions, more than more than eight out of ten respondents felt that there was a greater than 60% chance that their transfer pricing policies would be challenged by the tax authorities in the next two years.
In September 2005, Ernst & Young launched a major global sponsorship in conjunction with the Financial Times – ‘Mastering Risk’.
Ernst & Young kommt in einer Publikation mit dem Titel "How fair ist fair value?" zum Schluss, dass die Vergleichbarkeit der Unternehmensergebnisse nicht immer gewährleistet ist, weil die Abschlüsse wegen interner Schätzungen materiell voneinander abweichen.
www.eycom.ch   (585 words)

 E&Y Case Has Everything But A Victim - Forbes.com   (Site not responding. Last check: 2007-10-07)
The SEC said Ernst and Young was auditing PeopleSoft's books from 1993 through 2000--the same time it was developing and marketing a software product in tandem with the company.
Since PeopleSoft has not collapsed, the current charges against Ernst and Young, even if proved, are unlikely to be a calamity for the firm, which has joined the other top accountants in picking up clients and partners of Andersen's during that firm's demise.
The new charges against Ernst and Young are reminiscent of Enron in that they focus on auditor independence.
www.forbes.com /work/managementtrends/2002/05/21/0521topnews.html   (846 words)

 Ernst & Young Canada: Accounting - Audit - Assurance - Tax - Transactions - Human Capital   (Site not responding. Last check: 2007-10-07)
Emerging Trends in Internal Controls, Fourth Survey and Industry Insights is the latest in Ernst & Young’s accelerated filer series on the progress, activities, and challenges of companies throughout their Section 404 implementation.
On September 30, Ernst & Young launched its fourth and final supplement in the "Mastering Risk" series: Damage to a good name.
As a global leader in professional services, Ernst & Young is committed to helping restore the public's trust in professional services firms and the quality of financial reporting.
www.eycan.com   (647 words)

 Guardian Unlimited | The Guardian | Ernst & Young reaps £945m from City's enthusiasm for advice
Ernst & Young reaps £945m from City's enthusiasm for advice
Ernst & Young, one of the big four accountants, yesterday reported 15% growth in UK fee income to £945m for the year to June 30, rewarding partners in the firm with 14% average pay rises to £561,000.
The rise at E&Y, which has 400 partners, comes two weeks after the largest firm of accountants, PricewaterhouseCoopers, said its turnover had risen nearly £200m to £1.8bn over the same period.
www.guardian.co.uk /business/story/0,3604,1584129,00.html   (335 words)

 Welcome to Ernst & Young South Africa
According to the results of the fifteenth quarterly Ernst & Young Financial Services Index released today, the banking industry is continuing to benefit from the strong economic fundamentals that South Africa is experiencing, maintaining its 100% confidence reading.
In 2005, pharmaceutical companies are taking unprecedented actions to regain the public’s trust by engaging in an open dialogue around drug safety issues and drug promotional objectives while renewing their focus on demonstrating value through medicines
The new IFRS/US GAAP comparison book from Ernst & Young highlights the extent of differences between the two accounting models.
www.ey.co.za   (582 words)

 Ernst & Young Norge
Vi minner samtidig om at Ernst and Young TAX avholder seminar i forbindelse med Statsbudsjettet 2006 i Oslo onsdag 19.
oktober utropt til Ernst and Young Entrepreneur Of The Year 2005 Region Øst. De øvrige finalistene som alle går videre til den nasjonale finalen er Harald Engh, Uniteam Holding, Hilde Midthjell, Dermanor, Eilert Giertsen Hanoa, Mamut AS, og Terje Stykket, Validus AS.
Ernst and Young TAX har utarbeidet produktark som omhandler aktuelle temaer, hvor konsekvenser av de nye reglene samt viktige overgangsregler og tilpasningsmuligheter er beskrevet.
www.ey.no   (321 words)

 Former Ernst & Young Audit Partner Arrested for Obstruction Charges and Criminal Violations of Sarbanes-Oxley Act; ...
Thomas C. Trauger, a former Ernst and Young partner who allegedly altered and destroyed audit working papers, was arrested this morning by FBI agents on criminal charges for obstructing investigations by both the Office of the Comptroller of the Currency and the Securities and Exchange Commission.
Trauger, age 40, is a resident of Berkeley, California, and a former partner in the San Francisco offices of Ernst and Young.
Trauger, a certified public accountant licensed in the State of California, was charged in a criminal complaint that was unsealed after his arrest this morning.
www.sec.gov /news/press/2003-123.htm   (1796 words)

 Ernst & Young Nederland | Accountants, belastingadviseurs en juristen
Via EY/Ethics kunt u melding maken van gedrag van Ernst and Young dat naar uw mening onethisch is of in strijd met de wet, de beroepsregels of de Code of Conduct.
Dit zal echter op korte termijn niet leiden tot samensmelting in een Holland Delta.
14 oktober 2005 - Volgens specialisten van Ernst and Young valt het wel mee met de gevolgen van het nieuwe ‘kapitaalakkoord’ Bazel II voor bijvoorbeeld de financieringskosten van kapitaalintensieve autobedrijven.
www.ey.nl   (376 words)

 SEC Overrules Order in E&Y Accounting Case
WASHINGTON -- In a rare move, the Securities and Exchange Commission said Thursday that it had overruled an order by a judge who tossed out a case the agency had brought against the accounting firm Ernst and Young, Reuters reported.
In July, an administrative law judge dismissed the case against Ernst and Young because only one commissioner had voted to approve the action.
The commission had accused Ernst and Young of violating auditor independence rules by working too closely with an audit client, PeopleSoft Inc., on a computer software project.
www.nysscpa.org /home/2002/1002/3week/article55.htm   (163 words)

 Servicios - Visión General
Ernst & Young conoce los negocios de sus clientes y comparte con ellos sus conocimientos de forma rápida y eficiente
Dentro del marco de la política de gestión del conocimiento y la información de Ernst & Young hemos desarrollado herramientas para compartir nuestros conocimientos con nuestros clientes, utilizando plataformas y canales de comunicación interactivos que nos facilitan nuestras relaciones con ellos de forma rápida, segura, eficiente y personalizada.
De esta forma nuestra plataforma Ernst & Young On-Line, permite y facilita a nuestros clientes el acceso a la información de calidad más actual, así como consultas a nuestros profesionales, sin que el tiempo sea un condicionante.
www.eylaw.com /GLOBAL/content.nsf/Spain/Servicios   (265 words)

 Careers - Home   (Site not responding. Last check: 2007-10-07)
Ernst and Young are committed to a 'People First' culture, where learning and development is part of our culture and balance between personal life and work is encouraged.
We recognise that people are central to the success of our business and give our staff the environment and opportunities to reach their career potential.
To find out more about Ernst and Young, follow the links to the Experienced or Student pages and learn more about Ernst and Young Australia, our people, our business and what makes us the right place for you to start your career or take the next step with a recognised employer of choice.
www.ey.com.au /careers   (171 words)

 Ernst & Young barred from new business - Corporate Scandals - MSNBC.com   (Site not responding. Last check: 2007-10-07)
The SEC in mid-2002 accused Ernst and Young of violating auditor independence rules by working too closely with PeopleSoft, an audit client, on a software project.
She ruled, “I find that (Ernst and Young) engaged in improper professional conduct because it violated applicable professional standards for auditors by conduct that was both reckless and negligent.”
Spokesmen for Ernst and Young, the No. 3 U.S. accounting firm, could not immediately be reached for comment.
msnbc.msn.com /id/4759701   (395 words)

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