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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finance and financial accounting standards board and sas institute - All News and Analysis
SAS No. 92 — Auditing Derivatives and Securities
BNET
- 2003-01-01
The ASB has voted to issue a final Statement on Auditing Standards SAS titled Auditing Derivative Instruments, Hedging Activities, and Investments in Securities that will help auditors plan and perform auditing procedures for financial statement assertions about derivative instruments, hedging activities, and investments in securities. The new standard is SAS...
Financial statement and auditing standards update
- 1998-01-01
Readers should be aware of recent updates in financial statement reporting, as well as items under consideration, and how these changes may affect members in making credit decisions. It is hoped that these reports will stimulate thought and discussion as to other changes lenders would prefer to see in such...
The new GAAP hierarchy
- 1993-10-01
In an unqualified opinion, the auditor states that a client's financial statements "present fairly ... in conformity with generally accepted accounting principles." The phrase "generally accepted accounting principles" GAAP is defined in SAS 69, The Meaning of Present Fairly in Conformity with Generally Accepted accounting principles in the independent auditor's...
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