EY Australia Clients

EY Australia revenues were AUD 2.13 billion in FY20 which is an increase of 13% from revenues of AUD 1.89 billion. Audit revenues specifically increased by 7%. The below chart shows the growth of EY’s revenues over the past five years. Around 75% of EY’s revenues come from non-audit services performed for non-audit services. The remaining 25% are from audit and non-audit services to audit clients.

Of the 200 Companies in the ASX200 Index EY audits 60 of them. That is a 31% audit market share. EY leads in the number of audit clients among the top 200 companies in Australia. EY has a leading number of clients in the Communication services, Consumer discretionary, Consumer staples, Energy, Healthcare, Information Technology, and Telecommunication services sector. See below for a break-up of EY’s audit clients among the various sectors:

Top 25 EY audit clients in the order of the clients market capitalization are as follows:

CompanySector
CSL LtdHealth Care
National Australia Bank LtdFinancials
Wesfarmers LtdConsumer Discretionary
Telstra Corporation LtdTelecommunication Services
Newcrest Mining LtdMaterials
Woodside Petroleum LtdEnergy
Coles Group LtdConsumer Staples
Ramsay Health Care LtdHealth Care
REA Group LtdCommunication Services
The a2 Milk Company LtdConsumer Staples
Afterpay LtdInformation Technology
Xero LtdInformation Technology
James Hardie Industries PlcMaterials
Santos LtdEnergy
Scentre GroupReal Estate
Origin Energy LtdEnergy
Magellan Financial Group LtdFinancials
Tabcorp Holdings LtdConsumer Discretionary
Crown Resorts LtdConsumer Discretionary
Coca-Cola Amatil LtdConsumer Staples
Vicinity CentresReal Estate
AMP LtdFinancials
Bluescope Steel LtdMaterials
Worley LtdEnergy
Harvey Norman Holdings LtdConsumer Discretionary

Check out the link if you want to read EY’s latest Audit Transparency report. We are starting a new blogpost to collect the salary data to help all current and prospective employees of accounting firms. So if interested, update the form and results will be published soon.

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