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Financial Executives Research Foundation Issues New Business Reports

    FLORHAM PARK, N.J., Nov. 29 /PRNewswire/ -- Financial Executives Research
Foundation (FERF), the research affiliate of Financial Executives
International, has released four new business reports covering a wide range of
financial issues.  FEI is the leading professional association for CFOs and
other senior financial executives.

    The reports include:
    --  Contractual Obligations Disclosure Analysis -- To shed light on
        recent SEC regulation FR-67, "Disclosure in Management's Discussion
        and Analysis," FERF reviewed annual reports of the 60 largest
        publicly traded companies in the Fortune 500, as well as 30 randomly
        selected companies and 60 FEI members. FR-67 requires companies to
        report information about off-balance sheet financing arrangements and
        other contractual obligations. The report was written by Mark P.
        Holtzman, assistant professor of accounting at the Stillman School of
        Business at Seton Hall, in conjunction with Cheryl de Mesa Graziano
        of FERF.

    --  Legacy Management -- Written by William B. Walton, principal at The
        Beta Group, Legacy Management analyzes the business impact of IT
        applications and provides a framework for companies to evaluate their
        portfolio of applications and assets to determine which no longer
        produce value and which are not well supported.

    --  Fair Value Accounting -- This report focuses on issues related to
        fair value accounting and how it compares to historical cost
        accounting. It also highlights the Financial Accounting Standards
        Board (FASB) and discusses its current stance on the issue.  K.
        Ramesh, professor of Accounting and Information Systems at Michigan
        State University, authored the report with Cheryl de Mesa Graziano of
        FERF.

    --  Third Quarter Plan Sponsor Update -- The latest update report for
        plan sponsors highlights important regulatory, fiduciary and
        investment news.  McHenry Consulting contributed to this report.

    "Understanding best practices and current issues facing the industry is
key to professional development. FEI is committed to the ongoing education of
our members," said Colleen Sayther, President and CEO of FEI.  "We'd like to
thank our partners for their contribution.  Without them, we wouldn't be able
to provide these reports to our members."
    Executives summaries for each report can be found online at
http://www.FEI.org/rfbookstore.  For information on how to purchase any of the
reports, please contact Cheryl de Mesa Graziano at 973.765.1064.

    About Financial Executives Research Foundation
    Financial Executives Research Foundation, Inc., is the 501(c)(3) non-
profit educational affiliate of Financial Executives International.  Since
1944, the FEI Research Foundation has been an independent source of practical
information, service and expertise for senior financial executives.  The
Foundation is solely supported by voluntary, tax-deductible contributions from
corporations, FEI chapters and individuals.  The Foundation receives no
portion of FEI membership dues.
    The Foundation's mission is to meet the needs of the financial management
professional by identifying, developing and distributing timely research in a
variety of ways.  The Foundation provides a wide range of research-driven
content through published research studies, articles in Financial Executive
magazine, electronic newsletters and the FEI Web site, among other formats.

    About Financial Executives International
    Financial Executives International, the leading advocate for the views of
corporate financial management, is a professional association of more than
15,000 CFOs, treasurers and controllers.  FEI enhances member professional
development through peer networking, career management services, conferences,
publications and special reports and research.  For more information, visit
the web site at http://www.fei.org.

     Contact:
     Edward Sweeney                    Chris Allen
     TowersGroup                       FEI
     (212) 354-5020                    (973) 765-1058
     edwardsweeney@towerspr.com        callen@fei.org


SOURCE Financial Executives Research Foundation




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  • http://www.FEI.org/rfbookstore
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    CONTACT:
    Edward Sweeney of TowersGroup,
    +1-212-354-5020, edwardsweeney@towerspr.com, or Chris Allen of
    FEI, +1-973-765-1058, callen@fei.org