Review the information in Table 2-1 on page 25 and discuss the following: 

a. For the largest 10 firms listed in the table, how many firms generate the largest percentage of their revenue from consulting? Discuss why some firms may have larger consulting practices than other firms. 

b. In recent years, consulting has been the fastest-growing revenue source for the largest audit firms. Discuss whether you believe the growth in consulting improves or negatively impacts audit quality. 

Table 2-1

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TABLE 2-1 Revenue and Other Data for the Largest CPA Firms in the United States Percentage of Total Revenue From Accounting and Auditing/ Taxes/Management Consulting and Other 2018 Net Revenue- U.S. Only (in $ millions) Size by U.S. Revenue Firm Partners Professionals Offices BIG FOUR Deloitte $ 18,551.0 3,135 68,077 115 29/17/54 2 PwC $ 15,620.0 3,327 NA 92 42/25/33 3 Ernst & Young $ 13,300.0 3.200 34,500 82 32/29/39 4 KPMG) $ 8,960.0 2,178 25,928 110 32/28/40 NATIONAL/REGIONAL(2) RSM US $ 1,878.9 799 7,079 90 38/36/26 Grant Thornton $ 1,750.9 615 6,415 59 36/26/38 7 BDO USA $ 1,410.0 563 4,842 67 49/34/17 CliftonLarsonAllen 2$ 865.0 735 4,081 39 36/33/31 9 Crowe Horwath 2$ 847.3 314 3,041 35 30/25/45 10 CBIZ/MHM3) 2$ 718.6 423 2,412 75 34/27/39 LOCAL 50 BPM $ 86.3 41 308 75 38/50/12 75 SC&H Group Inc. $ 55.5 22 186 20/16/64