Business Services Industry

ADVISORY/Movaris and Business Finance Magazine to Host Webinar: ''Avoid Material Weakness Disclosures and Financial Restatements With a Single Close''

Business Wire, Oct 11, 2005

In the paragraph that begins "Join John Hagerty..." the first sentence should begin: Join John Hagerty of AMR Research, Dwight Wagner, Division Finance Manager of FMC Corporation... (sted Join John Hagerty of AMR Research, Dwight Wagner, Corporate Accounting Manager of FMC Corporation).

The corrected release reads:

ADVISORY/MOVARIS AND BUSINESS FINANCE MAGAZINE TO HOST WEBINAR: ''AVOID MATERIAL WEAKNESS DISCLOSURES AND FINANCIAL RESTATEMENTS WITH A SINGLE CLOSE''

Movaris and Business Finance Magazine to Host Webinar: "Avoid
    Material Weakness Disclosures and Financial Restatements With a
    Single Close"

    Presenters:

    John Hagerty, Vice President, Research - AMR Research
    Dwight Wagner, Division Finance Manager - FMC Corporation
    Eric Keller, President & CEO - Movaris, Inc.

    Monday, October 31, 2005
    1:00 PM EST

Register Now:
https://event.on24.com/eventRegistration/EventLobbyServlet?target=
registration.jsp&eventid=16761&sessionid=1&key=B936246FE593D75D21746A6
197666FD4&ext_event_user_cd=navwebcasts&partnerref=navwebcasts&referre
r=http://www.bfmag.com/webcasts/&sourcepage=register

(Due to its length, this URL may need to be copied/pasted into
your Internet browser's address field. Remove the extra space if one
exists.)

    QUESTION: How do visionary companies minimize the risks of
    material weaknesses and financial restatements while reducing the
    time, costs, and uncertainties associated with quarterly financial
    reporting cycles?

    ANSWER: Visionary companies perform a Single Close which links all
    financial close activities with key internal controls over
    financial reporting.

    Recent SEC guidance stated that the overall focus of internal
    control reporting should be on those items that could result in
    material errors in the financial statements. An analysis of recent
    material weaknesses and financial restatements reveals that many
    problems could have been avoided with a synchronized Single Close.

    Join John Hagerty of AMR Research, Dwight Wagner, Division Finance
    Manager of FMC Corporation, a leading chemical company serving the
    agricultural, industrial and consumer markets, and Eric Keller,
    CEO of Movaris, for a real-world view into how a single close
    process for financial results and key controls enables companies
    to:

    --  Spend more time on analysis, less on process

    --  Reduce preparation work and audit-related costs

    --  Reduce probability of material weaknesses

    --  Avoid financial restatements

    Register Now

https://event.on24.com/eventRegistration/EventLobbyServlet?target=
registration.jsp&eventid=16761&sessionid=1&key=B936246FE593D75D21746A6
197666FD4&ext_event_user_cd=navwebcasts&partnerref=navwebcasts&referre
r=http://www.bfmag.com/webcasts/&sourcepage=register

(Due to its length, this URL may need to be copied/pasted into
your Internet browser's address field. Remove the extra space if one
exists.)
COPYRIGHT 2005 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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