Types of Accountancy: Management Consultancy

Management consultancy is a lucrative source of income for accountants.
However, management consultants are often viewed cynically.
Management consultancy embraces a whole range of activities such as special efficiency audits, feasibility studies, and tax advice. Many professional accounting firms now make more money from ,
management consultancy than from auditing. Examples of management consultancy are investigating the feasibility of a new football stadium or the Costing of a local
authority’s school meals proposals.

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