Thursday, November 18, 2004

SAS Goodnight To Discuss Sarbanes-Oxley in CFO Keynote

Jim Goodnight, chief executive officer of SAS, will deliver the keynote address at the MIT Sloan chief financial officer Summit on Friday. The conference will include some 400 executives in Newton, MA.

"With new government regulations such as the Sarbanes-Oxley Act, Basel II and International Financial Reporting Standards, CFOs have both increased organizational power and added responsibility," Goodnight said in a statement. "With this new focus on finance, organizations need to have unwavering confidence in the financial data they create and in the analysis of this data for making timely and accurate business decisions. This shift places increased importance on the finance department in overall enterprise strategy, thus necessitating a stronger bond between CEO and CFO."

SAS will also be touting its new SAS Financial Intelligence product that it says offers “a new level of precision across business processes including consolidations, reporting, budgeting, planning, strategy, forecasting, risk and the audit process.”

SAS Goodnight To Discuss Sarbanes-Oxley in CFO Keynote

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