KPMG Consulting's evolution into BearingPoint.
KPMG spins off its consulting unit, KPMG Consulting, which would later take the name BearingPoint.
KPMG Consulting goes public.
KPMG Consulting expands global operations with the first of numerous acquisitions of Andersen Consulting and KPMG International consulting units.
Sarbanes-Oxley bill signed into law.
KPMG Consulting becomes BearingPoint.
BearingPoint announces it is reducing its workforce by approximately 50 to 550 employees, primarily in the North American and Asia Pacific regions.
Company says net income for the fiscal year ended June 30, 2003, is up by $ 1.5 million, but also reports that it will restate its financial results for the first three quarters of fiscal 2003 due to acquisition-related and other accounting adjustments.
Company reports third-quarter fiscal 200 resultsposting net income of $11.9 million on revenue of $8 0.9 million. These are the last financial numbers posted by the company.
Chairman and CEO Rand Blazer resigns; Roderick C. McGeary named to replace Blazer.
Chief financial officer Robert Falcone retires.
Joseph Corbett named chief financial officer.
Harry You named CEO.
Company announces delay in filing 10K.
CFO Corbett resigns.
Judy Ethell named executive vice president of finance and chief accounting officer.
SEC launches investigation.
Joni Kahn named head of technology solutions.
Thomas McHugh named corporate controller.
CIO Thomas Wilde resigns.
Former director of BearingPoint Australia, Cameron John Morris, charged with falsifying financial books.
Sources: Bearingpoint, Published Reports, Baseline Research
QUESTION: For year three of Sarbanes-Oxley, do you expect to spend more or less time on documenting your internal controls? Tell us at firstname.lastname@example.org.
What Went Wrong?
Born Using Someone Else's Infrastructure.
I.T. Designed for Growth
Danger: Old Boys and SOX
Recovering From a Hasty I.T. Rollout.
Ironically, Accounting Was a Big Problem.
BearingPoint's End Game.
Compliance: How BearingPoint Lost Its Way
Player Roster: BearingPoint
BearingPoint's PeopleSoft Roadblock: Training-Resistant Consultants
Timeline: KPMG's Long Evolution into BearingPoint
Base Technologies: BearingPoint
Sage Software: A Friendlier Face Balancing the Books
Planner: Calculating Costs of Sarbanes-Oxley, v. 2.0