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Deloitte White Paper Focuses Corporate Boards on Having a Risk Intelligent Vision November 25, 2008 New York, November 25, 2008

What:
 “The Risk Intelligent Board: Viewing the World Through Risk-Colored Glasses”

Who:  Steve Wagner, managing partner, U.S. Center for Corporate Governance, Deloitte & Touche LLP
            Henry Ristuccia, partner, U.S. leader for Governance and Risk Management, Deloitte & Touche LLP

When:   Available immediately

Where:  

Deloitte Forensic Center Study Highlights Correlation Between Bankruptcy and Fraud November 24, 2008 NEW YORK, November 24, 2008 - According to a new study published by the Deloitte Forensic Center, “Ten Things About Bankruptcy and Fraud,” companies filing for bankruptcy protection are three times more likely than non-bankrupt companies to face enforcement action by the Securities and Exchange Commission relating to alleged financial statement fraud. The study analyzed SEC Accounting and Auditing Enforcement Releases and bankruptcy filings.

The study also found that companies that were issued financial...

Consumers Will Travel Less This Holiday Season and Seek More Budget Friendly Travel Options, According to Deloitte Survey November 24, 2008 NEW YORK, November 24, 2008 — Current economic conditions are expected to result in reduced consumer travel this holiday season, according to a new Deloitte survey.  The consumer survey confirms that the 2008 winter holiday travel season will be slower than 2007 due to the economy, higher airline prices and other strains on consumers’ wallets.  Travel during the next 12 months is expected to slow as well, with 38 percent of respondents reporting they will spend less on vacation or leisure travel in the coming year.

According to the survey, 40 percent of respondents will not take vacation or...

Deloitte Issues White Papers on IFRS Considerations for Power & Utilities, Consumer Products Industries November 24, 2008 NEW YORK, November 24, 2008 
 
What:  “International Financial Reporting Standards: Considerations for the Power & Utilities Industry”
            “International Financial Reporting Standards: Considerations for the Consumer Products Industry”  

When:    Available immediately

Where:  http://www.deloitte.com/us/ifrs/p&u
              http://www.deloitte.com/us/ifrs/consumerproducts

Details: Deloitte...

Teradata and Deloitte Establish Strategic Alliance for Business Performance Management November 19, 2008 MIAMISBURG, Ohio , November 19, 2008 — Teradata Corporation (NYSE: TDC), the global leader in data warehousing and enterprise analytics, announced today it has established a strategic alliance with Deloitte to provide comprehensive services and solutions to address organizations’ increasing enterprise data warehousing and information management needs.

Teradata and Deloitte will initially focus on development and delivery of services designed to help companies integrate their financial and operational data within a Teradata...

Deloitte Consumer Spending Index Turns Negative for the First Time Since 1980 November 18, 2008 NEW YORK, November 18, 2008 — The Deloitte Research Leading Index of Consumer Spending fell into negative territory in October, primarily due to substantial increases in unemployment claims and continued softness in the housing market. The Index attempts to track consumer cash flow as an indicator of future consumer spending.

“While home prices declined at a slower rate during the summer, fall has seen the pace pick up again. Home prices are now down over 13 percent in real terms from a year ago, and they are the biggest drag on the Index and on consumer spending,” said 

Retiring Virginia Congressman Tom Davis Joins Deloitte's Federal Government Services November 17, 2008 WASHINGTON, D.C., November 17, 2008 — Tom Davis, the retiring seven-term congressman from Virginia, has accepted a position as director with Deloitte’s Federal Government Services. Davis will advise Deloitte’s clients on major trends, opportunities and challenges facing the federal government, with a focus on technology innovation and government transformation. 

Through 29 years of public service, Davis has been at the forefront of creative improvement to governmental operations. He served on the Fairfax, Virginia Board of Supervisors for 15 years, including three as chairman, when Fairfax was recognized as the...

Putting Risk in the Comfort Zone is Subject of New Deloitte White Paper November 14, 2008 NEW YORK, November 14, 2008 — Viewing risk solely as a threat to a business and failing to recognize that risk also has a positive side — one that applies to value creation and risk taking for reward — can cripple or even destroy a company. There must be a better way, a more intelligent way for business leaders and their boards to approach risk management. Deloitte tackles this dilemma head on in a new point of view titled, Putting Risk in the Comfort Zone. Nine Principles for Building the Risk Intelligent...
Deloitte Appoints Kenneth Weixel U.S. Managing Partner, Audit and Enterprise Risk Services for the Health Sciences and Government Industry Group November 13, 2008 WASHINGTON, D.C., November 13, 2008 — Deloitte announced today that Kenneth H. Weixel, a partner with Deloitte & Touche LLP, will serve as the U.S. managing partner of Audit & Enterprise Risk Services (AERS) for the Health Sciences & Government industry group, which includes the life sciences, health plans, providers, federal and state government sectors.

“Ken brings a wealth of experience to our Health Sciences & Government leadership team, and we are pleased that he will be leading our important AERS function,” said 

Deloitte Issues White Paper on IFRS Considerations for Banking Sector November 13, 2008 NEW YORK, November 13, 2008
 
What:  “The Path to IFRS Conversion: Considerations for the Banking and Capital Markets Industry”
  
When:  Available immediately

Where:  http://www.deloitte.com/us/ifrs/b&cm
  
Details: Deloitte has issued a new white paper that provides information to chief financial and information technology officers, senior finance leaders and other corporate executives regarding the adoption...

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