During my time at EY, they introduced a plan that they called "Vision 2020" where they had set a goal to expand the firm by a certain amount by the year 2020. To do this, they need to grow their clientele, and thus need more staff to keep up with the workload. This is where the interns come in. The training and experience that you receive as an intern is exactly what you would be doing as a full-time staff member. This is so that, once you graduate and if you are offered a full-time position, you will be able to hit the ground running and help work towards the Vision 2020 goal.
The summer internships are essential for EY's mission because that's how they get the talent to keep doing what they are doing. It's also a great time to hear about new opportunities within the firms and maybe even request a transfer between locations or service lines.
EY's mission is to 'Build a Better Working World'. Within that mission, your role as an intern is vital. EY is looking to help businesses thrive in an honest and growing corporate world while providing employees with not only job, but life satisfaction. As an intern, they are hoping that you learn, developing skills that will help you grow into a global employee. At the same time, they hope that you can find passions outside of work, developing interests in the community.
EY’s mission is to build a better working world. As a Risk Advisory Intern you will mainly be contributing to the mission by participating in audits of a company’s main enterprise resource planning systems. By participating in the audits you will be able to insure companies are meeting the proper standards and practices when it comes to managing and utilizing their enterprises resource planning systems.
Take the internship as a trial period. You are getting a small snippet of what it is like to be a first year staff. All the work that you do provides a piece to the tax puzzle I explained in question 1. It may seem insignificant, but when you work fulltime you actually get to see the complete product and impact that small piece of work had. If you ever start questioning the impact your work does, I recommend voicing that opinion to someone higher up and I'm certain they'll explain it to you because they have the bigger picture.