An advisory is a consulting center or a firm assisting both individuals and organizations in the corresponding areas. For example, EY advisory services offer industry-focused solutions to drive business performance (“Big 4 Accounting Firms – Who They Are, Facts and Information” par. 4). Particularly, the range of services provided by the advisory is wide and might include the assistance to determine the development strategy, to establish prospective goals of the company, or to implement the project.
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The quality of the operation and the positive image of the organization as well as the global coverage are key incentives that motivate me to join the Big 4s. The experience of the organization comprises a plethora of successfully implemented projects and goals. Speaking of the EY MENA that also has a spotless reputation as a leader in the field of advisory, it is necessary to pinpoint the excellent career opportunities proposed by the organization (“Advisory Services” par.1). Additionally, the fact that EY MENA performs the most significant projects in a team including the best professionals stimulates me to join it. I would like to be a part of something important and develop my professional knowledge and skills.
The market is increasingly driven by oil prices. If the oil is rising, then stocks are also rising and vice versa. In this situation, the banking sector suffers significantly (“Crude Awakening: The Impact of Plummeting Crude Oil Prices on Company Finances” par. 2). It is not surprising as the oil sector is strongly credited. Low commodity prices hit the effectiveness of oil producers and increase the risk of defaults on loans. All this increases the costs of banks in the form of debts’ write-offs reducing their profitability and, as a result, the attractiveness of the securities.
“Advisory Services.” EY. EY., n.d. Web.
“Big 4 Accounting Firms – Who They Are, Facts and Information.” Accountingverse. Accountingverse, n.d. Web.
“Crude Awakening: The Impact of Plummeting Crude Oil Prices on Company Finances.” Deloitte. Deloitte., n.d. Web.