BNET Industries
Last Fiscal Year Sales:$1.6B
- Private
- US
Dow Jones Description
Gathering intelligence for business battles! SAS Institute Inc. deals in data warehousing and data mining software used to gather, manage, and analyze enormous amounts of corporate information. Clients use its software to find patterns in customer data, manage resources, and target new business. Founded in 1976, this $1.6 billion company is based Cary, NC and employs about 10,000 people. It also offers industry-specific integrated software and support packages. Some of its clients are Maytag, Air France, and the US Department of Defense. In March 2006 the company acquired the assets of Marketing Resource Management provider Veridiem, Inc., a privately held software company based in Maynard, MA, that helps customers analyze and optimize their returns across the entire spectrum of marketing investments.
Number of Employees 9,921
Peer Companies
NAICS Code Other Technical and Trade Schools: 611519
Recent Events
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Casinos Play SAS Analytics Card, Win Prestigious Innovative Solutions Award
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SAS sues British firm in software copyright dispute
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Goodnight: SAS might 'eke out' 34th straight year of revenue growth
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Invacare Standardizes on SAS® Financial Management, Escapes Spreadsheet Nightmare
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Kyobo Life Insurance Selects SAS to Reduce and Prevent Fraud
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Deutsche Telekom Chooses SAS Marketing Campaign Management as New International Standard
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Developing countries tap SAS data analytics software to improve governance
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SAS Business Analytics Mission-Critical for Broadcaster
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SAP, SAS respond to IBM's planned SPSS acquisition
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IBM to buy SAS competitor SPSS for $1.2B
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Wet Seal selects SAS to size it right
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SAS in Visionaries Quadrant for Enterprise Marketing Management
News & Analysis
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Private Companies and Nonprofits Need to Prepare for SAS 112, According to Accounting Management Solutions
A new auditing standard that goes into effect next month means organizations should take steps to assess their internal controls, according to Accounting Management Solutions, Inc. AMS, New England's leading provider of outsourced accounting, financial management, and recruiting services.
Warning on SAS 70 reports performed by non-CPAs.(Accounting & Auditing)
An article in a recent issue of Technical Issues Alert says the increased emphasis on internal control systems for public companies has led to greater interest in engagements performed under SAS No. 70, Service Organizations, which involve audits of An article in a recent issue...
SAS No. 99: a reaction to accounting scandals
The storms caused by the ongoing accounting scandals have left a wide path of damage in their wakes. The storms caused by the ongoing accounting scandals have left a wide path of damage in their wakes.
Gain an edge: educational opportunites
Registration Fees * Member -- This fee applies to Ohio Society members and affiliates, or members of other state societies. * Non-member -- All individuals who qualify for membership in The Ohio Society and choose not to be members/affiliates or individuals who do not work in an accounting-...
SAS 99-17 ways to protect yourself from malpractice.(Accounting & Auditing)
Ignore These at Your Own Risk Ignore These at Your Own Risk
Other Services And Reports
The three basic professional standards issued by the Auditing Standards Board that related to services are—Statements on Auditing Standards SAS, Statements on Standards for Attestation Engagement SSAE and Statements on Standards for Accounting and Review Services SSARS. This paper provides an overview of labels of assurance and other services, SAS...
INDIA'S TRAI ISSUES NEW ACCOUNTING SYSTEM
The Telecom Regulatory Authority of India TRAI has finalized its guidelines for a new accounting system, in order to better monitor and measure the financial performance of individual telecom companies. The system on accounting separation SAS will makThe Telecom Regulatory Authority of India TRAI has finalized its guidelines for a...
INDIA: INDIA'S TRAI ISSUES NEW ACCOUNTING SYSTEM.(Telecom Regulatory Authority of India)(Brief Article)
The Telecom Regulatory Authority of India TRAI has finalized its guidelines for a new accounting system, in order to better monitor and measure the financial performance of individual telecom companies. The system on accounting separation SAS wil The Telecom Regulatory Authority of India TRAI has finalized...
Due professional care in cases of high engagement risk
Surveying a perilous environment In Brief Audit lessons from Andersen and Enron The Enron-Andersen debacle makes for a case study on exercising due professsional care on high-risk audit engagements. Auditing issues that the lawon case highlights include going-concern assessments: related-party disclosures;...
Proposed new SAS would necessitate substantial changes in auditor performance to consider fraud. (Accounting and Auditing).(American Institute of Certified Public Accountants releases statement on auditing standards)
In February 1997, the AICPA released Statement on Auditing Standards SAS No. 82 (1) which provided significant new guidance for auditors and required the specific assessment of the risk of material misstatement due to fraud. In February 2002, the A In February 1997, the AICPA released...
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