EY Reports Steady Revenue Growth After Pandemic Slump

Ernst & Young LLP and its worldwide affiliates on Wednesday reported what the Big Four accounting firm called “solid” gains in revenue bringing in a total of $40 billion across its service lines.

Global revenue rose 4% in local currency for EY’s 2021 fiscal year, which wrapped up June 30, on par with last year’s revenue growth. Global Chairman Carmine Di Sibio, in a statement, said the firm’s 312,000 professionals delivered “outstanding” results “through a challenging year.”

• Among the firm’s major service lines, assurance, including audit, grew 2.5%; tax grew nearly 4%; ...