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Outcomes addressed in this activity:
Unit Outcomes:
Explain the nature of management consulting and how it adds value
Explain the events that led to the separation of consulting firms from auditing firms.
Course Outcome:
IT402-5: Describe the historical events that influence contemporary culture
Project Instructions:
Using MS Word, write a 3 to 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/future-consultancy-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
1. Clearly summarize the issues in the Enron case which led to the formation of Accenture Consulting
from Andersen Consulting
2. Cite two additional websites regarding the separation of auditing and consulting services and summarize their main points.
3. 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.
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