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
Cloud resources, although available in abundance, are inherently volatile. For transactional computing, like ERP and most enterprise software, this is a challenge as transactional integrity and data fidelity is paramount – making it a challenge to create cloud native applications while relying on RDBMS. In his session at 21st Cloud Expo, Claus Jepsen, Chief Architect and Head of Innovation Labs at Unit4, will explore that in order to create distributed and scalable solutions ensuring high availa...
SYS-CON Events announced today that App2Cloud will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. App2Cloud is an online Platform, specializing in migrating legacy applications to any Cloud Providers (AWS, Azure, Google Cloud).
In his session at @DevOpsSummit at 20th Cloud Expo, Kelly Looney, director of DevOps consulting for Skytap, showed how an incremental approach to introducing containers into complex, distributed applications results in modernization with less risk and more reward. He also shared the story of how Skytap used Docker to get out of the business of managing infrastructure, and into the business of delivering innovation and business value. Attendees learned how up-front planning allows for a clean sep...
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. Jack Norris reviews best practices to show how companies develop, deploy, and dynamically update these applications and how this data-first...
In IT, we sometimes coin terms for things before we know exactly what they are and how they’ll be used. The resulting terms may capture a common set of aspirations and goals – as “cloud” did broadly for on-demand, self-service, and flexible computing. But such a term can also lump together diverse and even competing practices, technologies, and priorities to the point where important distinctions are glossed over and lost.
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, shared examples from a wide range of industries – including en...
Intelligent Automation is now one of the key business imperatives for CIOs and CISOs impacting all areas of business today. In his session at 21st Cloud Expo, Brian Boeggeman, VP Alliances & Partnerships at Ayehu, will talk about how business value is created and delivered through intelligent automation to today’s enterprises. The open ecosystem platform approach toward Intelligent Automation that Ayehu delivers to the market is core to enabling the creation of the self-driving enterprise.
"At the keynote this morning we spoke about the value proposition of Nutanix, of having a DevOps culture and a mindset, and the business outcomes of achieving agility and scale, which everybody here is trying to accomplish," noted Mark Lavi, DevOps Solution Architect at Nutanix, in this SYS-CON.tv interview at @DevOpsSummit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We're here to tell the world about our cloud-scale infrastructure that we have at Juniper combined with the world-class security that we put into the cloud," explained Lisa Guess, VP of Systems Engineering at Juniper Networks, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Enterprise architects are increasingly adopting multi-cloud strategies as they seek to utilize existing data center assets, leverage the advantages of cloud computing and avoid cloud vendor lock-in. This requires a globally aware traffic management strategy that can monitor infrastructure health across data centers and end-user experience globally, while responding to control changes and system specification at the speed of today’s DevOps teams. In his session at 20th Cloud Expo, Josh Gray, Chie...
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Consumers increasingly expect their electronic "things" to be connected to smart phones, tablets and the Internet. When that thing happens to be a medical device, the risks and benefits of connectivity must be carefully weighed. Once the decision is made that connecting the device is beneficial, medical device manufacturers must design their products to maintain patient safety and prevent compromised personal health information in the face of cybersecurity threats. In his session at @ThingsExpo...
In his session at 20th Cloud Expo, Mike Johnston, an infrastructure engineer at Supergiant.io, discussed how to use Kubernetes to set up a SaaS infrastructure for your business. Mike Johnston is an infrastructure engineer at Supergiant.io with over 12 years of experience designing, deploying, and maintaining server and workstation infrastructure at all scales. He has experience with brick and mortar data centers as well as cloud providers like Digital Ocean, Amazon Web Services, and Rackspace. H...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.