As Oracle Corp. was attempting to focus the software spotlight on its OpenWorld 2007 show in San Francisco, IBM Corp. stole its thunder by announcing its acquisition of Cognos Inc. for $5 billion in a move to expand its business intelligence (BI) and business performance management (BPM) repertoire.
Five years after the Sarbanes-Oxley Act took effect, about one-fourth of internal audit managers surveyed by Protiviti Inc. say they have comfortably moved SOX concerns to the back burner as they refocus on traditional responsibilities.
Senior U.S. finance executives, currently saddled with rules-focused Generally Accepted Accounting Principles (GAAP), aren't entirely sure what they would prefer in the way of global standards, according to a recent survey by Grant Thornton LLP.
Even as globalization poses greater risks to multinationals, most companies acknowledge that they don't have the resources in place to manage geopolitical, strategic and operational risks effectively, according to two recent surveys.
Investment managers remain bullish on the financial markets despite equities' roller-coaster ride this summer and the subprime mess, according to Russell Investment Group's third-quarter Investment Management Outlook.
Taking a page out of rival Oracle Corp.'s playbook, Germany's SAP AG announced late Sunday that it had agreed to acquire France's business intelligence (BI) and analytics powerhouse Business Objects S.A. for $6.8 billion.
Corporate fraud is rampant across the globe, with four out of five senior executives reporting varying levels of threats at their companies, according to Kroll Inc.'s first annual fraud survey.