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.
The new group will be led by Ronnie Conigliaro, a partner at the firm, and manager Matthew Snyder.
"[The Risk Management & Corporate Advisory Services Group] has quickly become a dominant force shaping the firm's direction," Snyder said in a statement. "Our group brings together a number of talented professionals who are well known for their expertise in answering the needs of clients in the public company space."
Marcum & Kliegman, which had revenues of $60 million in 2003, already offers SEC compliance services, information technology solutions, trust and estate planning and administration, financial and investment advisement, network security, back office support, personal financial management, and litigation support and forensic accounting services.
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