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.