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DEC 19, 2013 - Huffington Post

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Vatican Enlists McKinsey And KPMG To Oversee Communication And Financial Reforms

VATICAN CITY (AP) — The Vatican is enlisting more big-name consulting firms to advise it on structural and financial reforms, tapping McKinsey & Co. to help modernize its communications operations and KPMG to bring its accounting up to international standards. The decision was announced Thursday by the commission of inquiry into the Vatican's financial and organizational health created in July by Pope Francis as part of his plans to overhaul the antiquated and often-times dysfunctional Vatican bureaucracy. Already, regulatory compliance firm Promontory Financial Group has installed two ... Read More

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