Description: Reception and Dinner for the International Partners of Arthur Young & Company Sheraton-East Hotel New York City September 22, 1962 A & Y Sterling Silver Paperweight 2.5” Diameter 1/2 Tall Arthur Young & Co, Ernst & Young, EY, Ernst & Whinney This Arthur Young & Company sterling paperweight is a beautiful piece that would make a great addition to any collection. The intricate design and high-quality materials used in its creation make it a standout item. Perfect for anyone interested in collectibles or decorative objects, this paperweight from 1962 is a prime example of classic style and quality craftsmanship. It would look great displayed in any home or office and is sure to be a conversation starter. Add this unique piece to your collection today! Wikipedia Search Ernst & Young Ernst & Young Global Limited, trade name EY, is a British multinational professional services partnership headquartered in London, England.[2][8] EY is one of the largest professional services networks in the world. Along with Deloitte, KPMG and PwC, it is considered one of the Big Four accounting firms. It primarily provides assurance (which includes financial audit), tax, consulting and advisory services to its clients. Ernst & Young Trade name EY Type Private company limited by guarantee Industry Professional services Predecessor Ernst & Whinney Arthur Young & Co. Founded 1989; 34 years ago (through merger of Ernst & Whinney and Arthur Young & Co.; oldest component from 1849) Headquarters London, England Area served Worldwide Key people Carmine Di Sibio (Chairman, CEO) Services Assurance Tax advisory Digital strategy Strategy consulting Financial advisory Legal Revenue Increase US$45.4 billion (2022) Number of employees 365,399 (2022) Divisions Assurance Consulting Strategy and Transactions Tax EY Private Subsidiaries EY-Parthenon EY operates as a network of member firms which are structured as separate legal entities in a partnership, which has 312,250 employees in over 700 offices in more than 150 countries around the world.[11] The firm's current partnership was formed in 1989 by a merger of two accounting firms; Ernst & Whinney and Arthur Young & Co. It was named Ernst & Young until a rebranding campaign officially changed its name to EY in 2013, although this initialism was already used informally prior to its sanctioning adoption. In 2019, EY was the seventh-largest privately owned organization in the United States. As of 2023, EY has continuously been ranked on Fortune magazine's list of the 100 Best Companies to Work For for the past 25 years, longer than any other accounting firm. EY resulted from several mergers of ancestor firms over the last century and a half, the oldest of which was founded in 1849, in England, as Harding & Pullein. That same year, this firm was joined by an accountant named Frederick Whinney, who, a decade later, became a partner. After his son joined the firm, it was later renamed Whinney, Smith & Whinney, in 1894. In 1903, the firm Ernst & Ernst was founded in Cleveland, Ohio, by Alwin C. Ernst, and his brother, Theodore Ernst. In 1906, Arthur Young & Co. was set up by a Scottish accountant, Arthur Young, in Chicago. Starting in 1924, these two American firms became allied with prominent British firms; Young with Broads Paterson & Co.; and Ernst with the aforementioned Whinney Smith & Whinney. The latter of these two mergers spawned Anglo-American partnership Ernst & Whinney in 1979, then the fourth largest accountancy firm in the world. A decade later, in 1989, Ernst & Whinney merged with the fifth largest firm globally at the time, Arthur Young & Co., to create Ernst & Young. In October 1997, Ernst & Young announced plans to merge its global practices with professional services network KPMG, to create the largest professional services organization in the world. The announcement came on the heels of an announced merger between Price Waterhouse and Coopers & Lybrand only a month earlier. These plans were soon abandoned in February 1998, due to several factors ranging from client opposition, antitrust issues, cost problems, and the anticipated difficulty of merging the two diverse firms and cultures. The merger between Price Waterhouse and Coopers & Lybrand, however, went ahead as planned, creating PwC Ernst & Young expanded its consulting practice heavily during the 1980s and 1990s. During this time, the U.S. Securities and Exchange Commission, and various members of the investment community, began to raise concerns about a potential conflict of interests. This conflict would be brought about by firms offering both consulting and auditing services simultaneously to overlapping clients, a common practice among the "Big Five". In May 2000, Ernst & Young was the first of those firms to fully separate its consulting practices via a sale to the French IT services company Capgemini for $11 billion, creating the new company Capgemini Ernst & Young, which was later renamed back to Capgemini. Recent history, re-branding and expansion Ernst & Young office in Sandton, Johannesburg, South Africa In 2002, Ernst & Young serviced a large chunk of the clients previously working with Arthur Andersen after their downfall in connection with the Enron scandal, although it did not engage with any new Arthur Andersen clients from the United Kingdom, China, or the Netherlands. Four years later, Ernst & Young became the only member of the Big Four to have two member firms in the United States, with the inclusion of Mitchell & Titus, LLP in 2006, the largest minority-owned accounting firm in the United States. Mitchell & Titus ended its membership in the EY network effective October 30, 2015. In April 2009, Reuters reported that Ernst & Young, spurred by the global economic downturn, had launched a cost-saving initiative encouraging its staff in China to take 40 days of low-pay leave between the summer of 2009 and the summer of 2010. Those who participated got a prorated salary equal to 20% of a regular salary, plus the benefits of a full-time employee. The initiative applied to employees in Hong Kong, Macau and mainland China, where the firm's employees numbered 8,500 in total. In 2010, Ernst & Young acquired Terco, the Brazilian member firm of Grant Thornton. In 2013, the firm officially changed its brand from Ernst & Young to EY, and christened the accompanying tagline: "Building a better working world". Also in 2013, the Pope of the Roman Catholic church hired EY to help review Vatican City State's finances and help "verify and consult" the institution's administration, including the museums, post office and tax-free department store. EY expanded further and acquired all of KPMG Denmark's operations including its 150 partners, 1500 employees and 21 offices.[30] In 2014, EY acquired global strategy consulting firm The Parthenon Group, gaining 350 consultants in its then-Transaction Advisory Services practice so that it could provide in-house strategy consulting services to its clients. The business unit has since been rebranded as EY-Parthenon and is one of the most selective strategy consultancies worldwide.[31] In 2015, EY opened its first global Security Operations Centre in Thiruvananthapuram, Kerala in India, and coincidentally invested $20 million over 5 years to combat the increasing threat of cybercrimes. In 2017 EY announced it was opening an executive support center in Tucson, Arizona, US, creating 125 new jobs. That same year, the company opened a Digital Security Operations Center, located in Muscat, Oman, to cover the EMEIA region as part of a $10 million investment. In 2018, EY opened a $4.4 million professional services center in Louisville, Kentucky, US, creating 125 new jobs, and announced it would open an IT / tech hub in Nashville, TN, US, creating 600 regional jobs. In November 2022, it was announced EY had acquired the Sydney-headquartered data and analytics specialists, Bridge Business Consulting. Project Everest The Wall Street Journal reported in May 2022 that the firm might split its accounting and advisory divisions into two new, separate businesses. The plan, referred to internally as "Project Everest" would involve the consulting business completing an initial public offering, the proceeds of which would be used to compensate partners at the new, separate auditing company. The firm's debt has proven to be an internal obstacle to the split. The debt is mostly owed to former partners of EY, taking the form of what the Wall Street Journal characterized as "effectively an unfunded pension plan". Would-be partners of the new accounting firm have expressed reservations as their descendant firm, the smaller of the new organizations, would presumably absorb most of the debt. On 5 September 2022, the firm announced that partners would vote on whether to split EY into two businesses. EY's member firms in China, Hong Kong, Macau, and Israel stated that they would not split. Rival firms such as KPMG and Deloitte have said they do not intend to imitate EY. In March 2023, Julie Boland, head of EY US, stated in a webcast that the split would be temporarily paused amid internal debate over the proportioning of its tax service line among the proposed consulting and assurance spinoffs. The firm cancelled Project Everest as the US portion of the firm withdrew its support for the split in April.[46] Preparing and planning for the split cost EY $600 million
Price: 125 USD
Location: New York, New York
End Time: 2023-11-21T18:53:48.000Z
Shipping Cost: N/A USD
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Item Specifics
Return shipping will be paid by: Seller
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money back or replacement (buyer's choice)
Brand: Arthur Young & Co.
Type: Paperweight
Unit Type: Unit
Size: 2.5” Diameter x 1/2” Tall
Color: Silver
Material: Sterling Silver
MPN: n/a
Country/Region of Manufacture: Unknown
Unit Quantity: 1
Handmade: No
California Prop 65 Warning: n/a