How did the problems at Deloittle & Touche occur in the first place?
Did their changes fix the underlying problems? Explain.
What other advice would you give their managers?
2007-08-07 08:08:31 · 1 answers · asked by Thomas N 2 in Business & Finance ➔ Corporations
Which problems do you refer to? All the big 4 has its own problems. If you're talking of the conflict of interest problem, Deloitte seems to have fixed that by spinning off its consulting arm, Deloitte Consulting. After the spin-off the conflict problems should not exist anymore.
Braxton Associates is the new name for Deloitte Consulting, a former arm of the Big Four professional services firm Deloitte Touche Tohmatsu. Braxton (which becomes the official name of the firm at the end of 2002) spun off from DTT in early 2002, as auditing firms faced regulatory pressure to divest their consulting operations in the wake of the Andersen/Enron scandal. After months of debate, the firm decided to allow the consulting partners to buy the operation out. Soon thereafter, the firm announced its new name.
Deloitte Consulting, Braxton Associates - whatever you call it, the firm ranks among the world's largest consulting firms, with more than 14,000 employees in 97 offices in 34 countries offering everything from strategy work to customer relationship management. Its client list includes more than one-third of the companies in the Fortune Global 500, including heavyweights like Hewlett-Packard, Philip Morris and Cable & Wireless.
2007-08-07 17:37:46 · answer #1 · answered by Sandy 7 · 0⤊ 0⤋