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Accountants, CPA |
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Although some CPAs serve as business consultants, the
consulting role is under scrutiny following the corporate climate in the
aftermath of the Enron scandal. This has resulted in divestitures in the
consulting divisions by many accounting firms. In audit engagements, CPAs
are (and have always been) required by professional standards and Federal
and State laws to maintain independence (both in fact and in appearance)
from the entity for which they are conducting an attestation (audit and
review) engagement. However, most individual CPAs who work as consultants
do not work as auditors, or vice versa.
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Also See:
Business
Consultants
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