Performance, Change and Strategy

Accountants and Private Equity event

Partners and directors at top 4 Accountants Ernst and Young helping the disadvantaged…

I’m looking forward to a forthcoming event at Ernst & Young London Bridge finding out about how Ernst and Young have supported the Private equity Foundation “which helps young people reach their potential by creating a safety net of support for children at home, through school, in the community and into the workplace.”

Working with the Private Equity Foundation(PEF)  allows individuals or teams from EY to make a valuable difference in the community, whilst developing their own skills in a different environment and operating alongside current and potential clients in the private equity, government and wider arenas. Individuals and teams within the firm have already given 4000 hours to support PEF and its charities through activities including:

· Coaching individuals working at the charities

· Helping charities analyse and assess new ways of operating to improve effectiveness or efficiency

· Working with PEF to better understand how to measure the effectiveness of NEET interventions

· Helping PEF develop a new approach to significantly reduce the number of NEETs (involving over £1m of Advisory hours to date)

· Due diligence to inform decisions around potential financial investment

· Using tax and financial reporting skills to help charities with specific issues

The aim of the event on 18 May is to bring together representatives of PEF and some of the charities it supports with people within EY who have already worked with PEF and its charities, as well as those who may have an interest in doing so, to share experiences and ideas. ‘
Ernst & Young is proud to be named “Accountancy firm of the year” at the prestigious Financial Times / Mergermarket European M&A Awards 2010 - www.ey.com/Services/Transactions