Accounting firm Marcum & Kliegman LLP has launched a Risk Management & Corporate Advisory Services Group.

The firm, ranked No. 31 in the nation according to Accounting Today's Top 100 Firms list in 2005, said in a statement that the new group was borne out of the Section 404 requirements of the Sarbanes-Oxley Act. The group hopes to capitalize on new independence issues specified under SOX, providing services that public companies may be restricted or unable to obtain from their independent accountants. Such services could include internal audit outsourcing and consultation on a number of areas such as the implementation of financial reporting standards, audit committee matters and comprehensive corporate taxation plans.

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