Program Success 19 October 2017
Money Matters
Ashland Oil Company
Front Cover Feature Dr Annette Arvie Compliance , College Administrator Baton Rouge , Louisiana October 2017
• Industry : Manufacturing and Chemical Distribution
• Revenue 9.48 Billion Dollars
• 10,800 Employees
Ashland Inc . is a leading provider of goods and services to basic industrial and consumer markets , primarily those related to transportation and construction sectors . With approximately 25,000 employees and annual sales and operating revenues approaching $ 8 billion - truly Money Matters . Dr . Annette ArVie created the company ' s Enterprise Resource Planning System and implemented the test procedures for functional and adequate controls . Ashland has come a long way since its beginnings in 1924 as a regional petroleum refiner . The Covington , Kentucky-based company is now a Fortune 250 company with sales in more than 140 countries . Ashland brings superior product and service solutions to industries and consumers around the world - in highway construction , chemical and thermoplastic distribution , specialty chemicals , motor oil and car-care products .
Dr . Annette and colleague Professor Danah Simon of South Louisiana Community College
Rockwell Automation was one Dr . Ar Vie most difficult appointment do to the fact they never in the past had external auditors . There Dr . ArVie found 37 major irregularities . Dr . ArVie negotiated with external auditors ( Big 4 ' s ) to reducing the irregularities to 11 minor findings .