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Ernst & Young Fiscal Year 2004 Global Revenues Exceed US$14 Billion; Continued Growth Underpins Investment in Quality and People.

Publication: Business Wire
Publication Date: 25-OCT-04 		Format: Online - approximately 960 words
Delivery: Immediate Online Access

Article Excerpt
LONDON -- Ernst & Young today announced that worldwide revenues increased by US$1.4 billion to US$14.5 billion for the fiscal year ending 30 June 2004. This represents an annual growth rate of 11 per cent in US dollars and 3 per cent in local currency.

The figures reflect results across Ernst & Young's three service lines - Assurance and Advisory Business Services (AABS), Tax, and Transaction Advisory Services (formerly Corporate Finance).

"Everyone throughout our organization, in every country where we operate, is engaged in improving the quality and responsiveness of our client service," said James S. Turley, Ernst & Young's Chairman & CEO. "With the absolute focus on the quality of our work, we will continue to work with our clients, regulators and other stakeholders to restore and maintain the trust and confidence of the investing public."

"Despite a difficult world economy and the challenges our profession has...

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