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Policies about Ethical Behavior and Ideas
This company has global code of conduct that reflects its ethical behavior and ideas. In global code of conduct, the company includes working with clients, professional integrity, preserving with impartiality and autonomy and esteem of intellectual capital. In addition, it also committed to deliver quality in everything that is it does. On the other hand, it also follows the Sarbanes-Oxley Act to improve the reliability of its financial report system and quality of audit. This act is quite significant for the company to make strengthen its financial position that is assessed by audit committees and corporate governance Ernst and Young, 2002). For this, it appoints financial experts to assist auditors, because they examine and assess the challenges of financial statements of the business organization. The superiority and truthfulness of this firm is increased by the actions and policies used to complicit with the Sarbanes-Oxley Act.
Performance of Ernest & Young in the Industry Earnest and Young is performing well in the professional service industry, because it mainly use the innovative product concept
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