Andersen to foray into consulting business, says CEO Mark L Vorsatz

New firm to provide services in India and other countries; area of work 'will never include auditing', says Vorsatz

The US-based Andersen group will set up a new firm, Andersen Consulting, to provide advisory services in emerging fields, such as business management and strategy, technology, cyber security, business transformation and talent hiring, in India and other countries.

“We will possibly even look at business process outsourcing,” Mark L Vorsatz, Andersen’s global chairman and chief executive officer, told Business Standard. “Our area of work will never include auditing,” he added.

Vorsatz, in Delhi to hold a two-day meeting beginning Friday on the group's strategy for west Asia, central Asia, Asia Pacific and India, said Andersen Consulting would be a separate entity but