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Hoover's is Beta Testing our Industries section.
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Companies that provide advice and assistance to other companies in such areas as strategy, business practices, and technical and human resources issues.
The 2002 Sarbanes-Oxley Act (SOX) counters conflicts of interest by separating the consulting activities of accounting firms from their audit services. SOX bars public corporations from hiring the same accounting firm for audits and consulting services. In response, many accounting firms have spun off their consulting arms.
Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Consulting maps to a number of NAICS codes including:
Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Consulting industry.