Even though the four largest accounting firms continue to audit almost all large public companies, concentration in the marketplace poses no immediate threat to fee competitiveness, the Government Accountability Office (GAO) concluded in a recent report.
RIMS 2008 Annual Conference & Exhibition, scheduled for April 27 to May 1 in San Diego, will feature more than 130 sessions for professionals at all experience levels. Speakers will share new strategies and techniques that can be immediately put to good use. Moreover, the exhibit hall will display a...
Enterprise Engineering Inc. has unveiled XBRL-based software that helps companies share information within the enterprise and also with outside entities. Called EnterpriseFTX for XBRL, the product maps data stored in separate systems and formats and makes it usable for business reporting and analysis. Specifically, it maps and converts data from...
With the Federal Reserve cutting rates 75 basis points Tuesday morning and the probability of more cuts to come, corporate treasuries are scrambling to make sure their cash portfolios are positioned for a potentially wild rate ride downhill. The prospects of significantly lower rates raise questions about whether companies need...
When it comes to financial reporting, some companies are going beyond the call of duty. In a study of 2006 financial statements from the 100 leading U.S. companies, the Financial Executives Research Foundation (FERF) assembled dozens of examples of companies doing just that in the face of accounting rules that...
Visualizing risks and their relationships is a central function of enterprise risk management (ERM) systems. Helping to ease that task is Riskonnect, a Marietta, Ga.-based software company that has launched an ERM system, also called Riskonnect, that enables risks to be easily identified, assessed and mitigated. The product is intended...
Hess Corp., the $28.7 billion integrated oil and gas company, based in New York, promoted Sachin Mehra to vice president and treasurer. Mehra, 37, succeeds Robert J. Vogel, who is retiring after 18 years with Hess. Mehra came to the company last April as vice president and deputy treasurer. Prior...
Enterprise Engineering Inc. has unveiled XBRL-based software that helps companies share information within the enterprise and also with outside entities. Called EnterpriseFTX for XBRL, the product maps data stored in separate systems and formats and makes it usable for business reporting and analysis. Specifically, it maps and converts data from...
