Future of consultancy
Future of consultancy:
Project Instructions:
Using MS Word, write a 3.5
page single spaced paper which summarizes the events which led to the separation of consulting firms from auditing firms, and provide your perspective on the pros and the cons of having one firm provide both services. For background reading, go to:http://www.managementconsultancy.co.uk/management-consultancy/features/2077772/futureconsultancy-enron-turn-right
and read “Future of consultancy:
After Enron the next turn must be right.” Also, use the search argument “separate audit and consulting
services” to search the web for two additional readings, in order to prepare for answering the Unit One assignment.
Project Requirements:
Clearly summarize the issues in the Enron case which led to the formation of Accenture Consulting from Andersen Consulting.
Cite two additional websites regarding the separation of auditing and consulting services and summarize their main points.
Provide your opinion on whether a client should use one firm for both auditing and consulting services, citing the pros and the cons to be considered.
………………………….Answer preview……………………………
Many events have occurred leading to the separation of consulting firms from auditing firms. The Enron Corporation is an example of companies that collapsed due to accounting fraud. Consulting firms provided the company with fraudulent accounting services that made it to be seventh largest company as per listings. Before 2001, Enron shares were regarded as blue chip stock…………………………..
APA
910 words
