Test12345's Blog – March 2009 Archive (3)

The Emergency Economic Stabilization Act of 2008 gives the Treasury authority to purchase up to $700 billion of troubled assets. This program, designed to boost liquidity and confidence in U.S. capital markets, may provide a number of opportunities for current holders of troubled assets and for those looking to acquire some of those assets.



Is your company prepared to evaluate opportunities created by the bailout?



Grant Thornton has assembled a multidisciplinary Economic… Continue

The automated controls in your applications and interfaces can do more than simply process information. If used to their fullest potential, they can provide numerous benefits to your organization, from reducing the likeliness and impact of fraud to aiding business process monitoring and helping reduce audit costs.



Key questions to ask that will help you maximize the benefits of automated controls include:



* Where do they exist?

* How do they match up with my business… Continue

Over two-thirds of companies are paying out 2008 bonuses below targeted levels



CHICAGO, March 9, 2009 - A recent survey of U.S. companies finds that half of companies are freezing executive base salaries in 2009. In addition, another 15 percent are implementing salary reduction programs.



"Companies are expecting 2009 to be a challenging year for business growth and financial stability," said Don Nemerov, a Compensation and Benefits executive director at Grant Thornton LLP.… Continue