It represents a 3% fee income rise in local currency taking into account exchange rates.
Three service lines – audit, tax and corporate finance – help boost the Big Four firm’s results increasing revenues by $1.4bn (£0.8bn).
Its audit arm grew by 17% in US dollars with corporate finance not far behind at 14%, while the tax practice achieved just 2% growth.
The firm’s UK results will be released this Thursday.
James S Turley, E&Y chairman and CEO, said: ‘Despite a difficult world economy and the challenges our profession has faced our continued growth over a period of years has enabled us to continue to make investments in our quality-related policies and practices, performance systems, and training.’
The average cost of fraud increased 35.4% to £3.9m in 2016, compared to 2015 data
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal