Wealth & Asset Management

Automotive & Transportation

Banking & Capital Markets
Consumer Products
Education
Government & Public Sector
Insurance
Life Sciences
Media & Entertainment
Oil & Gas
Power & Utilities
Private Equity
Real Estate, Hospitality & Construction
Technology
Telecommunications

Wealth & Asset Management :

Regulatory change, compliance and reporting

Data architecture and security and efficiently leveraging big data
Investor transparency and communication
Evolving customer demographics and needs
Growth and winning in distribution
Business operating model redesign

Strategic growth markets

Advisory :

Risk- and regulatory-driven change

Analytics and data excellence
Technology-enabled transformation
Revenue and growth
Operational transformation

Assurance:

Attention to risk

Tax :

International tax planning, including transfer pricing and global tax analysis
Jurisdictional tax services (federal, state, local)
Transaction tax services
Human capital services, including performance and rewards
Tax accounting and risk advisory services
Individual tax planning and compliance
Hedge fund structuring for tax efficiency
Uncertain tax position (i.e., FIN 48) analysis

Transaction :

Transaction support (focused on financial due diligence)

Transaction tax
Capital transformation, which includes the following competencies:
Valuation and business modeling
Restructuring
Lead advisory (mergers and acquisitions advisory and capital-related advisory)
Operational transaction services
We advise our clients on areas impacting transactions, including:
Strategic alternatives
Financial and tactical advice relating to acquisitions or divestitures
Quality of assets under management and its related earning streams
Changes in the customer base with an assessment of concentrations, profitability and
attrition
Product mix and breadth of distribution

Balance sheet and income statement drivers

Tax attributes and structuring
Employee benefit programs, compensation structure, and key employee retention
Information technology risks associated with platform functionality and scalability
Asset valuation and business modeling
Business integration and synergy assessment
Regulatory changes and implications on the business

Automotive & Transportation :

Mega trends impacting the next decade

Electric vehicles and alternative technologies
Rapid-response guidance on current events
Emerging markets changing the automotive industry

Advisory :

Performance improvement
Finance
Customers
Supply chains
Risk
IT risk and assurance

Assurance:

Accounting compliance and reporting (including compliance with SEC reporting

requirements and IFRS)
Internal control compliance and reporting
Assistance with mergers and acquisitions, including due diligence
Financial accounting advisory services
Performance of agreed upon procedures and related reporting
Fraud, investigation and dispute services

Climate change and sustainability reporting

Tax :

Business Tax
Human Capital
Indirect Tax
International Tax
Transaction Tax

Transaction :

Buy and sell side M&A lead advisory*

Industry and transaction strategy advisory
Transaction structuring, financial modeling, etc.
Debt and equity capital raises*
Capital structure advisory*
Financing alternatives analyses*
Business valuation services
Fairness opinions**
Asset valuation services
Purchase price allocation and impairment analyses
Financial due diligence services
Transactional tax services
Working capital improvement analyses and reviews
Restructuring advisory (i.e., 13 week cash flow forecasts, distressed suppliers, business
plan and forecast reviews)
Market and industry research
Human capital assessments and analyses
Operational transaction services (e.g., synergy analysis, integration strategic
assessments, change management, etc.)
IT operations strategic analysis and reviews

Banking & Capital Markets:

Financial regulatory reform

Banking risk management

Governance in banks
Banking performance improvement
Bank reporting
Growth in banking

Advisory :

Banking and Capital Markets advisory services

Operations management
Finance management
Risk management
IT
a. IT architecture, solution review, vendor application evaluation and implementation
b. Collection, storage, use and quality of information
c. Assessing and improving the way technology enables business processes
d. Designing, implementing and maintaining secure and high-performance IT
environments
Regulatory and supervisory compliance

Assurance:

Accounting Compliance and Reporting

Climate Change and Sustainability Services
Financial Accounting Advisory Services
Fraud Investigation and Dispute Services

Tax :

Business tax compliance

Indirect tax, including state and local capabilities
International tax services
Tax accounting and risk advisory services
Human capital
Transfer pricing

Transaction :

Transaction support
Transaction tax
Restructuring

M&A advisory
Sell-side
Valuation and business modeling
Transaction integration
Transaction real estate

Consumer Products

Adapt to the brand new order

Leverage opportunities in rapid growth markets
Understand whats driving consumer products transactions
Keep up with sub-sector trends

Advisory :

Customer
Strategy
Supply chain
Finance
People & organizational change
Risk
IT risk and assurance

Assurance:

Independent audit of financial statements

Accounting compliance and reporting (including compliance with SEC reporting
requirements and IFRS)
Assistance with the adoption and implementation of new accounting standards
Internal control compliance and reporting
Assistance with mergers and acquisitions, including due diligence
Financial accounting advisory services
Performance of agreed upon procedures and related reporting
Fraud, investigation and dispute services
Climate change and sustainability reporting

Tax :

Business tax
Human capital
Indirect tax
International tax

Transaction tax

Transaction :

Cross-border transactions
Divestments, carve-outs
Economic advisory
M&A
Private capital
Project finance
Restructuring
Transaction integration
Transaction real estate
Transaction support
Transaction tax
Valuation and business modelling

Education:

Steady cash flows

Recession-proof nature of the sector
Negative working capital requirements

Government & Public Sector:

Defense
Health care
Education
Digital Government
Infrastructure

International development
Job creation and entrepreneurship
Pensions
Public financial management
Tax & customs
Transport

Advisory :

Strategy and policy to shape the agenda and focus on top priorities
Performance improvement and organizational change to deliver sustainable benefits and
do more with less
Project finance and procurements to harness the power of the private sector in support of
change to accelerate progress
Project and program management to drive change and deliver on policy intentions

Assurance:

Reporting standards under IPSAS framework or combined accounts

Compliance audit of public funds
Monitoring and evaluation of public policies and programs
Fraud and investigation services
Climate change and sustainability services
Audit of public sector and not-for-profit organization
Governance

Tax :

Tax compliance and advisory services

Tax policy development

Transaction :

Public-private partnerships (PPP)

Project & infrastructure financing
Procurement and evaluation advice
Privatization/corporatization advice
Vendor due diligence
Asset management & estate strategy
Strategic cost analysis & business modeling
Turnaround & restructuring

Insurance:

Stay nimble amid risk and regulation

Gain market insight

Advisory :

Operations management
Finance management
Fraud investigation and disputes
Risk management
Regulatory compliance
Information technology

Assurance:

Accounting compliance and reporting

Climate change and sustainability services
Financial accounting advisory services
Fraud investigation and dispute services

Tax :

Business tax compliance

Human capital
Indirect tax, including state and local capabilities
International tax services
Tax accounting and risk advisory services
Transfer pricing and tax-effective supply chain management

Transaction :

Transaction support
Transaction tax
Restructuring
Mergers and Acquisitions (M&A) advisory
Sell-side
Valuation and business modeling
Transaction integration
Transaction real estateohhh

Life Sciences:

Biotechnology
Pharmaceutical
Medical technology

Media & Entertainment

Implementing new business models

Maintaining cost discipline
Growing in emerging markets

Advisory :

Finance
Digital content supply chain optimization
Direct to customer data and analytics
Risk
IT risk and assurance
Strategy

Assurance:

Accounting standards (including IFRS)

External audit services
Financial accounting advisory services (FAAS)
Fraud investigation and dispute services (FIDS)

Tax :

Global compliance and reporting

Transfer pricing
Human capital, including expatriate services
Supply chain and process improvement
Tax policy and controversy

Transaction :

Preserving: reshaping the operational and capital base

Optimizing: driving cash and working capital, managing the portfolio of assets
Raising: assessing future funding requirements and evaluating sources
Investing: strengthening investment appraisal and transaction execution

Oil & Gas:

Competing and managing risk in oil and gas

Navigating M&A and investment decisions
Cost reduction and process optimization
New and emerging market growth
Monitoring regulatory changes

Advisory :

Performance improvement
Information technology advisory and risk
Risk

Assurance:

External audit
Other assurance services
Climate change and corporate responsibility
Financial Accounting Advisory Services (FAAS)
Fraud Investigation and Dispute Services (FIDS)
a. Fraud investigations and dispute advisory
b. Integrity due diligence
c. Forensic technology and discovery services (including cybercrime)

d. Anti-fraud services
e. Business integrity and corporate compliance services
f. Insurance claims

Tax :

Tax advisory
Tax compliance

Transaction :

Corporate development advisory

Transaction execution
Integration
Capital agenda
Tax advisory

Power & Utilities

Private Equity:

Creating value in private equity investments

PE-backed IPO activity
Private equity opportunities in emerging markets
Managing risk for opportunities

Advisory :
Assurance:
Tax :

Operating in a shifting global tax landscape

Seizing the opportunity in Global Compliance and Reporting
Building tax effective supply chains
Managing mobile workforce risk

Transaction :

Preserving: reshaping the operational and capital base

Optimizing: driving cash and working capital, managing the portfolio of assets
Raising: assessing future funding requirements and evaluating sources
Investing: strengthening investment appraisal and transaction execution

Real Estate, Hospitality & Construction

Real estate IPOs

Regulatory and technical accounting changes
Green buildings
Real estate private equity

Advisory :

Strategic services
Risk mitigation, processes and control
Technology and implementation
Project and risk assessments
Project management oversight advisory
Cost evaluation
Portfolio strategy and location advisory
Delivery strategy and operational model
Governance and control
Process and technology

Assurance:

Financial accounting advisory

Fraud, investigation and dispute
Sustainability reporting

Tax :
1. Formation and acquisition services

Forming and structuring legal entities

Cost segregation studies
Purchase price allocations
Structuring of taxable and nontaxable stock and asset purchases

2.

Operations services

Tax compliance for federal, state and local returns

Financial statement assistance
Assurance on deal economics

Jurisdictional and cross-border tax filings

3. Restructuring services

Developing and monitoring processes to help achieve effective planning implementation

Planning for debt workouts and restructurings
Debt for debt, and debt for equity exchanges
Preparation of restructuring-related filings and schedules

4. Disposition of assets services

Tax-free exchanges or rollovers

Corporate mergers and combinations
Partnership formations, mergers and divisions
IPOs, recapitalizations and spinoffs

Transaction :

Acquire: real estate property/portfolio due diligence

Hold: real estate value creation
Exit: sell-side assistance

Technology

Cloud computing
Social networking: creating a presence
Information security in a virtual world
Getting information technology right

Advisory :
1. Mitigating risk

IT assurance
Risk management
Internal controls
Internal audit

2. Improving performance

Finance strategy
Supply chain
Customer
Operations and information technology (IT) systems effectiveness
Process transformation

3. Enabling change

IT advisory
People and organizational design
Strategic directions
Program management

4.
5.
6.
7.
8.
9.

Finance function enhancements

Business process
Enterprise-wide performance improvement
Review of finance processes, procedures and systems
Economic and statistical analyses
Protection of IT assets, applications and customer information, as well as addressing
data integrity and regulatory requirements.

Assurance:

Financial Statement Audit

Accounting Compliance and Reporting
Financial Accounting Advisory Services
Fraud Investigation & Dispute Services
Climate Change and Sustainability Services
Accounting compliance and reporting (SEC, IFRS and local reporting requirements and
regulations) advice and reviews
Internal control compliance and reporting audits
Revenue recognition compliance and reporting audits
Assistance with M&A, including due diligence
Financial accounting support
Performance measurement (agreed upon procedures and related reporting) reviews and
reports
Fraud, investigation and dispute analysis
Climate change and sustainability reporting

Tax :

Global compliance and reporting

Transfer pricing
Human capital, including expatriate services
Supply chain and process improvement
Business Tax Services
International Tax Services
Human Capital Services
Indirect, State and Local Tax Services
Transaction Tax Services

Transaction :

Corporate Development

Divestiture Advisory Services

M&A and Capital Debt Advisory
Operational Transaction Services
Restructuring
Transaction Real Estate
Transaction Support
Transaction Tax
Valuation & Business Modeling
Working Capital
Industry and transaction strategy analyses/advice
Transaction structuring and financial modeling
Buy-and sell-side, debt and equity capital raises, capital structure, financial alternative
analyses/advice*
Financial due diligence as well as business and asset valuation analyses
Purchase price allocation and impairment analyses
Transactional tax services, including structuring, due diligence and integration analyses/
advice
Working capital improvement analyses and reviews
Restructuring advice cash flow forecasts, distressed suppliers, business plan and
forecast reviews
Market and industry research
Commercial due diligence market analysis, corporate strategy assessments, customer
due diligence
Human capital assessments, due diligence and analyses
Operational transaction support synergy analysis, integration strategic assessments,
change management
IT operations strategic analysis and reviews
* Broker-dealer services in the U.S. are provided by Ernst & Young Capital Advisors, LLC.

Telecommunications

The growth in mobile money

The need for data privacy and security is growing
An industry in transformation
Managing risks and seizing the opportunities

Advisory :
1. Performance Improvement
a. Business planning and decision support for major capital expenditure
b. Cash and working capital management

c. Cost-efficiency
d. Customer profitability and retention
e. Network efficiencies
f.

Network outsourcing

g. Regulatory
h. Supply chain
2. Risk
a) Revenue assurance
b) Customer lifecycle lab (independent audit of the customers experience)
c) Enterprise risk management
d) Fixed asset management

3. IT risk and assurance

Assurance:

Accounting and Financial Reporting (including IFRS)

Financial Accounting Advisory Services

Fraud, Investigation and Dispute Services (FIDS)

Tax :

Business tax
Human capital
Indirect tax
International tax
Transaction tax