EY - Audit Quality 2020

Our commitment to audit quality

View key metrics  Download Ernst & Young LLP’s full 2020 report


We are pleased to present the 2020 audit quality report of Ernst & Young LLP (EY US or the Firm), which reaffirms our commitment to continuously improving the quality of our audits and strengthening our system of quality control. We invite you to read the highlights of the report presented below or to download the full report. We have updated the Inspections section of this web presentation to reflect the results of our 2019 PCAOB inspection report, which was publicly released in February 2021.

Kelly J. Grier and John L. King

Key focus areas in 2020

 key metrics

Key metrics

Our audit portfolio

We audit

6

of the top 10 companies
in the Fortune 500

924

public companies

30%

of both Fortune 500 and Fortune 1000 companies

Our people

US audit professionals by rank (11,070 total)

New US audit partners and managing directors

59%

are women or minorities

Retention of top-rated professionals

89%

senior managers and managers

80%

seniors and staff

Executing high-quality audits 

Percentage of US public company audit hours
generated by EY US specialists

EY - Audit Quality report

Quality Network and Professional Practice partners and managing directors to audit partners and managing directors

 1:5

Our data-first approach

Percentage of teams using EY Canvas
 

100%

Percentage of US public company audits using our EY Helix general ledger analyzer

99%

Increase in US public company audits using
data-driven audit procedures

EY - Audit Quality report

Read more about EY US' commitment to audit quality

    To audit committees, investors and other stakeholders

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