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
What sort of WebRTC based applications can we expect to see over the next year and beyond? One way to predict development trends is to see what sorts of applications startups are building. In his session at @ThingsExpo, Arin Sime, founder of WebRTC.ventures, will discuss the current and likely future trends in WebRTC application development based on real requests for custom applications from real customers, as well as other public sources of information,
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.
SYS-CON Events announced today that Ocean9will 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. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, 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. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), will provide an overview of various initiatives to certifiy the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldw...
VeriStor Systems has announced that CRN has named VeriStor to its 2017 Managed Service Provider (MSP) 500 list in the Elite 150 category. This annual list recognizes North American solution providers with cutting-edge approaches to delivering managed services. Their offerings help companies navigate the complex and ever-changing landscape of IT, improve operational efficiencies, and maximize their return on IT investments. In today’s fast-paced business environments, MSPs play an important role...
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...
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, 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. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of 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. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
FinTech is the sum of financial and technology, and it’s one of the fastest growing tech industries. Total global investments in FinTech almost reached $50 billion last year, but there is still a great deal of confusion over what it is and what it means – especially as it applies to retirement. Building financial startups is not simple, but with the right team, technology and an innovative approach it can be an extremely interesting domain to disrupt. FinTech heralds a financial revolution that...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...