AMS

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News from AMS

May. 22, 2008

AMS Names Emil Ragones as its First Executive in Residence

WALTHAM, Mass. – May 22, 2008 – Accounting Management Solutions, Inc., (AMS), one of the fastest-growing private companies in the country, today announced that it has named Emil J. Ragones as its first executive in residence, an advisory role that will enhance the company’s ability to serve a expanding roster of clients throughout the Northeast.

“Emil’s joining us is an important step in the evolution of AMS,” said James P. Bourdon, company president. “He will expand our ability to provide strategic-level counsel to existing and prospective clients by offering world class expertise in areas that will benefit our clients.”

Ragones, formerly an audit partner in Ernst & Young ‘s National Professional Practice, is expert in the design, evaluation, and reporting on financial and IT controls.

In addition to extensive auditing and information systems expertise, Ragones has extensive knowledge concerning integrated financial statement audits, including SOX 404 compliance, reports on internal controls at service organizations (SAS 70), and reports on internal controls and subject matter other than financial statements, such as trust services and Regulation AB.

Among the leading companies Ragones has served are Dennison Manufacturing Company, FM Global Corporation, Hartford Financial Services, John Hancock Financial Services, Liberty Mutual Group Inc., Reebok Corporation, The Stanley Works, Staples Inc., and State Street Corporation.

“There are many experienced professionals in AMS, and I look forward to working with them. The opportunities for the company and its clients are significant, especially since few organizations offer the combination of services and deep expertise that AMS provides,” said Ragones.

Ragones is a CPA and Certified Information Systems Auditor (CISA). He is a member of the American Institute of Certified Public Accountants, Ohio Society of CPAs, Mass Society of CPAs, and Information Systems Audit and Control Association.

About Accounting Management Solutions

Accounting Management Solutions, Inc. (www.amsolutions.net), based in Waltham, Mass., is a leading provider of accounting, financial management, consulting, and recruiting services to emerging companies and public, private, and nonprofit organizations throughout New England. In 2008, the company established business operations in the New York City region. AMS is ranked as one of the fastest-growing private companies in the United States by Inc. magazine, and in Massachusetts by the Boston Business Journal.

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