Welcome!

News Feed Item

Accountability Is Now Charles River CFO; New Firm Expands Services and Leadership Team

Women-Owned Firm Emphasizes Services Addressing Strategic Transactions Such as IPOs, Mergers, Acquisitions

NEWTON, MA -- (Marketwired) -- 04/09/14 -- Accountability Outsourcing, Inc. today announced that it is now Charles River CFO, Inc. (CRCFO), a women-owned strategic financial consulting firm focused on strategic transactions such as IPOs, mergers, acquisitions and other exits. The new firm is addressing the gap between operational CFOs and the firms that audit them.

"In addition to bringing senior financial acumen to emerging companies, we're responding to the specific needs of the large audit firms and their clients by offering technical accounting experts to bridge the skill gap between the two," said Ann Vickers, chief executive officer. "We're the only firm with the experience and credentials on staff to successfully provide both types of services."

The new Strategic Transaction Services practice provides:

  • IPO readiness (technical accounting, audit preparation, SEC compliance)
  • Mergers and acquisitions (due diligence)
  • Divestitures

Industry Veterans Join the Team

The new firm's experienced team is focusing on these strategic transaction services, and industry veteran Connie Wright has joined the management team to lead the charge. Connie brings more than 30 years of professional services experience, previously working with companies including Deloitte and Resources Global Professionals, which went public in December of 2000.

Jeff Wright (no relation) is leading the Strategic Transaction Services practice. Jeff is a retired Audit Partner from the Boston Office of Ernst & Young. During Jeff's 25 years as an Audit Partner, he primarily served emerging and middle-market technology, manufacturing and services companies. He guided more than a dozen of these companies through successful initial public offerings, as well as many subsequent offerings, mergers, acquisitions, divestitures and other strategic transactions. In recent years, Jeff has specialized in the medical device industry, and served as an Officer and Director of the Massachusetts Medical Device Industry Council.

"Our company is well known for exceptional outsourced financial management to venture-backed life sciences and technology companies in New England," said Connie Wright, president. "Our clients will find that our new Strategic Transaction Services practice provides the same exceptional level of service and value. We remain committed to our mission and core values, delivering extraordinary client service and 'above and beyond' results."

Over the past 11 years, CRCFO has executed on more than a dozen IPO transactions, providing technical and strategic services to companies going public as well as those preparing for an exit. "We outsourced our complete accounting and finance function for the life of our biotech company, from inception to even after we were acquired by Celgene. CRCFO provided exceptional service throughout - outsourcing was a successful solution for us," said Jay Mohr, founder and former CEO of Gloucester Pharmaceuticals in Cambridge, Massachusetts.

About Charles River CFO
Formerly known as Accountability Outsourcing, Charles River CFO, Inc. (CRCFO) provides a complete solution for accounting and finance. The Company's services include strategic transactions (IPOs, mergers and acquisitions, divestitures and other exits), outsourced accounting and finance, and financial management resources. CRCFO offers emerging and growth companies the ability to outsource the complete accounting and finance function or strategically supplement existing capabilities. The Company also offers interim and temporary financial management resources. To learn more, visit http://www.crcfo.com.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2564387
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2564390

Add to Digg Bookmark with del.icio.us Add to Newsvine

Larry Bouchie
Carlton PR and Marketing
781-620-0278
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software in the hope of capturing value in IoT. Although IoT is relatively new in the market, it has already gone through many promotional terms such as IoE, IoX, SDX, Edge/Fog, Mist Compute, etc. Ultimately, irrespective of the name, it is about deriving value from independent software assets participating in an ecosystem as one comprehensive solution.
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across supply chain networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost and time for product recall as well as advance trade. Are you curious about Blockchain and how it can provide you with new opportunities for innovation and growth? In her session at 20th Cloud Exp...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
As pervasive as cloud technology is -- and as persuasive as the arguments are for using it -- the cloud has its limits. Some companies will always have security concerns about storing data in the cloud and certain high-transaction applications will always be better suited for on-premises storage. Those statements were among the bottom-line takeaways delivered at Cloud Expo this week, a three day, bi-annual event focused on cloud technologies, adoption and associated challenges.
SYS-CON Events announced today that Hitachi, the leading provider the Internet of Things and Digital Transformation, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., offers an integrated portfolio of services and solutions that enable digital transformation through enhanced data management, governance, mobility and analytics. We help globa...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
The age of Digital Disruption is evolving into the next era – Digital Cohesion, an age in which applications securely self-assemble and deliver predictive services that continuously adapt to user behavior. Information from devices, sensors and applications around us will drive services seamlessly across mobile and fixed devices/infrastructure. This evolution is happening now in software defined services and secure networking. Four key drivers – Performance, Economics, Interoperability and Trust ...