What You Should Do

By Baselinemag Print this article Print

Sobered by Enron's example, big customers are drawing a line between auditing and consulting services.

Guarding Against Conflicts

If your consulting company is also your auditor:

  1. Let current consulting projects come to their natural endpoint
  2. Replace your services firm with a smaller, more specialized one; or move the project responsibilities in-house
  3. Put new contracts out for bid, rather than automatically assigning them to your existing firm
  4. Consider outsourcing, where an independent company handles your computing

Source: Consulting Information Services LLC

This article was originally published on 2002-03-14
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