KPMG 'Very Much in the Treasury Game'
KPMG have confirmed the departure of UK senior treasury consultants Andrew Foulkes and Shawn McCarthy, but denied that this represents a withdrawal from the treasury consulting business. ‘We are very much in the treasury game,’ said a KPMG spokesperson, who added that whilst ‘large transformation projects’ were less in demand, treasury remained a ‘significant growth area’ for the firm. A regrouped team of ten consultants led by Lee Edwards will continue to provide treasury consulting services in the UK, according to KPMG. Consultants will focus on debt issue support, IAS implementation, as well as risk management, controls and reporting projects.