Financial Consulting Comes Full Circle—The intense Sarbanes-Oxley compliance efforts of the mid-2000s rekindled attention on the need for enterprise risk management (ERM) and related governance, risk management and compliance (GRC) efforts. Today, more and more companies are intent on addressing financial, operational, strategic and reputational risk.
A closer look at financial consulting suggests that practices focusing on corporate finance and accounting, tax, internal audit, compliance and risk functions have stumbled into a time warp.
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