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Posts Tagged ‘E&Y’

I can’t stand it.  Do a Google search on Ernst and Young’s new rebranding effort, and images of naked men are returned.

I now think of porn every time I hear the firm’s name (Ernst & Young) or see its initials (EY).  Trust me, I have no desire to see porn every time I do a Google search on this Big 4 firm.  And I have regular need to perform Google searches on each of the Big 4 (as well as several other accounting firms).

To be perfectly clear:  I don’t want to see pictures of naked men or naked women, soft porn or hard porn, when researching accounting firms.

This was not a problem for me prior to the rebranding, because I always thought of the firm’s full name.  But all of Ernst’s & Young’s recent promotional efforts have been directed toward encouraging all of us to think of them as EY, which is synonymous with naked men.  So in effect, Ernst & Young has created the conditions for me to be aware of and think of porn.  I object!  I would rather imagine young male accountants in traditional business attire.

I am aware of no other reputable business that is encouraging its customers and interested parties to encounter a pornographic linkage.  An Ernst & Young spokesman said that its clients are able to skip over the pornographic images and choose only the bona fide Ernst & Young links.  Yes, but those clients are always going to see porn images upon doing a search for EY.

A few moments ago, I performed a Google images search on EY.  18 of the first 21 images returned contained images of naked men.  Check it out below.

ey_google_images

Come on, EY.  We accountants are better than this.

Debit and credit – – David Albrecht


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Ernst & Young, now EY, has a ‘sexy boys’ problem.

latimes-ey-sexyboys

Pic credit: LA Times

Ernst & Young on July 1 announced it was rebranding itself as EY.  Lopez writes,

[Ernst & Young, EY] now shares a name with a racy magazine, EY! Magateen. The magazine, which features scantily clad young men, is the work of Luis Venegas, a Spanish creative director known for his flamboyant, sexually charged fashion publications.

A Google image search of “EY” brings up photos of young male models clad in low-cut briefs, right alongside the Ernst & Young logo and some exterior shots of the company’s offices.

What a massive fail!

When I went to images.google.com, one picture returned was that of a naked man.  A hand was covering his private parts, but pubic hair was clearly visible.

I could comment, or I could take the high road.  EY seems to have taken the low one.

Debit and credit – – David Albrecht


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Gwen Jorgensen, former E&Y tax accountant, is sometimes referred to as the Olympic Accountant.  She participated in the recent Olympic games in London in the women’s triathlon.  Given that she was the reigning two-time World Cup champion, some were hoping for her to medal.

Alas, that was not to be, as a flat tire during the biking portion of the race put her so far behind that she had no chance to catch the leaders.  She eventually finished 38th.

In this recently released video, Gwen discusses all aspects of her Olympic experience.

Go Gwen Jorgensen!

by David Albrecht

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Lobbyists - because it's hard for politicians to decide stuff on their own.

Reuters broke a story on Friday, March 9, that I find to be very, very troubling.  In “Exclusive: Ernst & Young tightropes between audit, advocacy,” reporters Dena Aubin, David Ingram and Sarah N. Lynch say that,

Corporate audit giant Ernst & Young operates a lobbying firm in Washington, D.C., that has been hired in recent years by several corporations that were at the same time E&Y audit clients, prompting two senior lawmakers to demand closer regulatory scrutiny.

As identified in the story, the lobbying arm is Washington Council Ernst & Young.  I’ve heard of it before.

All of the Big 4 claim to partner with their clients.  I’ve argued for years that such a relationship seduces audit firms sometimes to approve questionable financial statements.

Surely lobbying for a corporate client is way over the line.  I doubt that any audit firm that in Washington advocates for clients would fail to do the same when considering an opinion on financial statements.

Aubin, Ingram and Lynch report that E&Y spokesman Charles Perkins disagrees:

Ernst & Young said Washington Council’s work complied with independence rules. It was pre-approved by clients’ audit committees and it was limited to tax-related issues, E&Y spokesman Charles Perkins said in an e-mailed statement.

The firm does not solicit votes on legislation for E&Y audit clients, Perkins said.

“We assist clients in monitoring public policy, analyzing legislation and educating Treasury officials, the IRS, legislators, other policy makers and their staffs about the potential consequences of legislation,” Perkins said.

I have always thought that one way to describe lobbying is it educates government officials about a client’s position, and the potential negative consequences to the client of proposed legislation or regulations.

Whether within the letter of the rules or not, E&Y lobbying stinks.  It reminds me of E&Y clean audit opinions on Lehman Brothers financial statements distorted by Repo 105.  E&Y thought that was within the letter of the rules, also.  It didn’t make it any less stinky.

Debit and credit – – David Albrecht


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