The Big Four’s booming consulting biz

BVWireIssue #187-4
April 25, 2018

practice management and growth
valuation practice management, practice management

Collectively, the Big Four accounting firms saw 42% of their global fiscal 2017 revenue come from consulting and advisory work. From 2012 to 2017, audit revenue grew by only 3%, but consulting and other advisory services grew by 44%, according to a Wall Street Journal article. This is raising the debate about conflict of interest over consulting and auditing within the same firm.
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