Formation of KPMG Consulting Positions Firm To Go Public
The incorporated unit consists of the consulting division from the United States and Mexico. Other KPMG consulting units are expected to join KPMG Consulting later this year.
Why all the fuss?
For the last few months, the SEC has been coming down strong  on finding ways to ensure auditor independence, and separating any business activities which could hamper independence. Behemoth accounting and consulting firms are all exploring ways to separate their two divisions.
The SEC aside, KPMG has been looking at ways to bring the accounting and consulting giant to the public marketplace, selling shares and raising the capital on the public market needed to grow to meet the growing demands of the marketplace.