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
SYS-CON Events announced today that Numerex Corp, a leading provider of managed enterprise solutions enabling the Internet of Things (IoT), will exhibit at the 19th International Cloud Expo | @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Numerex Corp. (NASDAQ:NMRX) is a leading provider of managed enterprise solutions enabling the Internet of Things (IoT). The Company's solutions produce new revenue streams or create operating...
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
WebRTC adoption has generated a wave of creative uses of communications and collaboration through websites, sales apps, customer care and business applications. As WebRTC has become more mainstream it has evolved to use cases beyond the original peer-to-peer case, which has led to a repeating requirement for interoperability with existing infrastructures. In his session at @ThingsExpo, Graham Holt, Executive Vice President of Daitan Group, will cover implementation examples that have enabled ea...
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Tintri VM-aware storage is the simplest for virtualized applications and cloud. Organizations including GE, Toyota, United Healthcare, NASA and 6 of the Fortune 15 have said “No to LUNs.” With Tintri they mana...
Major trends and emerging technologies – from virtual reality and IoT, to Big Data and algorithms – are helping organizations innovate in the digital era. However, to create real business value, IT must think beyond the ‘what’ of digital transformation to the ‘how’ to harness emerging trends, innovation and disruption. Architecture is the key that underpins and ties all these efforts together. In the digital age, it’s important to invest in architecture, extend the enterprise footprint to the cl...
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
SYS-CON Events announced today that Secure Channels will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The bedrock of Secure Channels Technology is a uniquely modified and enhanced process based on superencipherment. Superencipherment is the process of encrypting an already encrypted message one or more times, either using the same or a different algorithm.
Vidyo, Inc., has joined the Alliance for Open Media. The Alliance for Open Media is a non-profit organization working to define and develop media technologies that address the need for an open standard for video compression and delivery over the web. As a member of the Alliance, Vidyo will collaborate with industry leaders in pursuit of an open and royalty-free AOMedia Video codec, AV1. Vidyo’s contributions to the organization will bring to bear its long history of expertise in codec technolo...
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.