Globalization and the accounting professionPeter DoubledayErnst & Young

Agenda

►Why is globalization important to the profession

►How does it impact us?

► People

► Quality

► Growth

►My own experience

► 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

Why is globalization important to the profession?

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

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