Agenda Why is globalization important to the profession

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Presentation transcript:

Globalization and the accounting profession Peter Doubleday Ernst & Young

Agenda Why is globalization important to the profession How does it impact us? People Quality Growth My own experience

Why is globalization important to the profession? Understanding the business challenge Rapid growth markets One size does not fit all markets Policy is more important and less predictable Good people are hard to find Understanding the profession’s challenge It’s the same thing!!!!! 152,000 people, 695 offices, 140 countries Combine deep local knowledge with global experience of serving multi-nationals World is fast paced and connected by people, commerce, and innovation moving across borders at increased pace and changing patterns

People Inclusiveness Mobility Generations People culture and high performing environment We have never been more relevant Career development Developing a resume

Quality Quality in everything we do Accounting rules and disclosures Regulation US and overseas Rotation and independence

Growth Understand the agenda and bring insights in a changing world Investing in the developing world Entrepreneurs and companies from fast-growth companies are now competing globally Long term relationships and exceptional service are critical

Assurance | Tax | Transactions | Advisory About Ernst & Young   About Ernst & Young Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 152,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential. Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit www.ey.com. Ernst & Young LLP is a client-serving member firm of Ernst & Young Global Limited operating in the US.   © 2012 Ernst & Young LLP. All Rights Reserved. 1204-1351959_SEA www.ey.com ED MMYY