Lack of Spreadsheet Error Detection Solution Can Lead to Nightmares for CFOs

Most of today's large businesses rely on spreadsheets as a way to increase productivity in encapsulating, analyzing and allocating tabular data sets.

Forensic Accounting Technologies Uncovering the Needle in the Spreadsheet Haystack

An amplified awareness of the challenges of spreadsheets, coupled with advancements in forensic accounting technologies, have given way to advanced techniques for mitigating these risks. For example, one financial services company regularly tasked with verifying financial data during the transition periods of start-up ventures, small businesses and companies faced such a challenge when an enterprise software company needed an "eye for detail" during an acquisition. To avoid having to manually weed through top-down and bottom-up spreadsheets, the financial services firm turned to Xcellerator, a spreadsheet error detection solution from Incisive, a company specializing in forensic accounting technology.

Incisive Launches Forensic Accounting Channel on Financial Tech Spotlight

(Norwalk, CT - Jan. 24, 2012) Financial Tech Spotlight, the leading website dedicated to providing daily financial technology news, announced today that the Forensic Accounting Channel, sponsored by Incisive, has been launched as the newest addition to the Financial Tech Spotlight Online Community program. Financial Tech Spotlight is operated by TMC, a global, integrated media company helping clients build communities in print, in person and online.

Incisive's Forensic Accounting Solution Xcellerator Digs Deep Into Spreadsheet Data

Today's business environments, from enterprises and financial institutions to government facilities and healthcare practices, are comprised of an abundance of tools to execute everyday tasks. The prevalence of spreadsheets, in particular, have had many of us wondering how we ever organized budgets, ran financial calculations and performed other workflow-related responsibilities without them.

Companies Recognize Forensic Accounting as Crucial Piece of Business Model

As tax season approaches each spring, companies rush to organize their financial documents in preparation of filing tax returns. This annual process is not only mandatory, but often enlists the assistance of many professional accountants in charge of readying and arranging these very complex returns. While individuals, partnerships and corporations under law are required to file returns, keeping tax professionals busy for months on end each year, another aspect of accounting is increasingly being incorporated into the business models of companies across an array of industries and verticals.

Protection Against Fraud Afforded with Forensic Accounting Practices

Every business owner worries about fraud to some extent, but the damage hits harder when that fraud occurs within. This is especially true for larger organizations when internal controls are lacking and obvious warning signs are missed. However, when forensic accounting, the practice of analyzing, interpreting and presenting complex financial and business-related issues, is in place, red flags are immediately noticed so company leaders can act quickly.

Research and Markets: Chile Pharmaceuticals and Healthcare Report Q1 2012

TIO to Launch Cloud Based Wallet for North America's Underbanked Population

Theragenics® Reports Revenue & Earnings for Fourth Quarter & Year-End 2011

GrafTech Reports Fourth Quarter and Year Ended 2011 Results

Wizzard Updates Status of FAB Deal

NII Holdings Announces Fourth Quarter and Year-end 2011 Results