Question: Why did Andersen build a consulting practice alongside its existing auditing practice? Management of Andersen wanted to diversify its business activities A boom in mergers

Why did Andersen build a consulting practice alongside its existing auditing practice? Management of Andersen wanted to diversify its business activities A boom in mergers and acquisitions and the emergence of information technology in the 1980 s enabled consulting to become an extremely profitable business for Anderson Andersen's auditing practice was falling behind the other 4 major public accounting firms The other 4 major public accounting firms started successful consulting practices

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