With travel and entertainment (T&E) costs counting as the second-largest expense at most companies--and with hotel, car rental and international travel costs projected to rise--controlling and cutting those costs is a top priority for most organizations.

The number of software providers offering on-demand software to companies to manage employees spending has shrunk by one with the acquisition of Gelco Expense Management by Concur Technologies Inc. Gelco Expense Management is the largest provider of global expense management and reimbursement solutions, processing more than 100,000 transactions and making...

A majority of U.S. investors support the Sarbanes-Oxley Act and believe that the tightened rules mandated by SOX shouldn't be eased, according to a nationwide survey of 1,001 investors conducted for the Center for Audit Quality (CAQ).

Given the vast scale of global companies, corporate travel purchasers and managers need a quick way to pinpoint opportunities for controlling travel and entertainment (T&E) expenditures.

Peabody Energy Corp., the $5.3 billion coal company with headquarters in St. Louis, appointed Gregg P. Wickstra CFO of Australia operations in Queensland and New South Wales.

Corporations that embraced Sarbanes-Oxley goals from the start by automating financial reporting and encouraging business-wide cultures of compliance have eliminated material weaknesses and slashed costs more quickly than other companies.

Ibbotson Associates, a unit of investment researcher Morningstar Inc., received a patent for a model, based on a balance of human capital (earning potential) and financial capital (savings), which it uses to help plan sponsors and providers develop custom 401(k) target date funds for participants.

As expected, the U.S. Securities and Exchange Commission (SEC) voted unanimously July 25 to approve the proposed Public Company Accounting Oversight Board (PCAOB) Auditing Standard 5 (AS5).