Company Name: Ernst & Young (E&Y) Topic: Developing new accounting theories (Harvard Style Referencing Required) The “BUS 301 Capstone Project” will have 4 phases. Every week we would have to provide...

Financial performance of Ernst & young
Financial performance of Ernst & young
Introduction
Ernst & Young Global Limited (EYG or "the company") is a one of the biggest international firm which provides assurance, tax, transaction and advisory services.
The company is among one of the four biggest global audit companies which cater to different needs of the customers particularly for Assurance, Advisory, Tax, and Transaction Advisory Services (TAS).
Research Methods
The researchers focus on using different methods in the formulation of the research study which includes the quantitative research, mixed method and the qualitative method.
As my major focus is on the secondary research and the analysis of the data of the financials, my research will have a small emphasis on the quantitative aspect of the company.
Qualitative research will have the major emphasis on my study as I will be using the financial data to analyze the financial condition of the company and this would also help to apply different strategies which the company can apply to sustain its business and stay ahead of its competitors.
Research Methods
The major research that will be done will be through the secondary sources. The company will be analysed from different perspective majorly from the financial aspects.
Focus on:
Horizontal analysis,
vertical analysis,
ratio analysis and
Stock analysis.
Competitors analysis
Literature Review
Financial analysis is one of the major aspects of the business which needs to be considered. It is called as the process of evaluating the finance and the related activities which includes the economic trends, the projects for the investment and the long term business activities which helps the company to sustain and improve its performance.
The information which is derived from the financial statements helps in analysing the key performance indicators which includes the liquidity solvency, profitability and the efficiency of operations which are required for analysing the financial condition and the financial performance of the company.
Literature Review
There are different tools which can help in analysing the financial performance and the financial condition of the company which includes ratio analysis, comparative statement analysis, trend analysis, common size analysis, and cash flow statement analysis
Ratio analysis is financial analysis tool which builds the mathematical relationship...