{ "media_type": "text", "post_content": "What's the difference between consulting and advisory, if there is one?", "post_id": "584d8d3b50fac40010fb90d0", "reply_count": 5, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }
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What's the difference between consulting and advisory, if there is one?

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Advisory is more risk focused, consulting is more strategy/big-picture

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Curious too. I was told advisory was the new name when audit firms got back into "consulting" a few years after they all stopped.

Google AICPA standards. "Consulting" has a special meaning so we use "Advisory"

I think these days it's synonymous? At least at PWC. Our management consulting practice sits within Advisory Services.

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