Mission ======= FEI'S MISSION IS TO ADVANCE THE SUCCESS OF FINANCIAL LEADERS, THEIR ORGANIZATIONS AND THE PROFESSION. FEI IS WHERE ENGAGED FINANCIAL LEADERS THRIVE. FEI CORE VALUES ARE: -Member-driven -Engagement and Networking -Leadership -Integrity -Inclusion FEI STRIVES TO BE RECOGNIZED GLOBALLY AS THE LEADING ORGANIZATION FOR FINANCIAL LEADERS. SINCE 1931, FEI HAS BEEN CONNECTING MEMBERS THROUGH: -INTERACTION: PROVIDING LOCAL AND INTERNATIONAL FORUMS FOR CONNECTING WITH PEERS. -INFORMATION: PROVIDING INSIGHT TO ASSIST WITH INFORMED BUSINESS DECISIONS. -INFLUENCE: PROVIDING AUTHORITATIVE REPRESENTATION FOR MEMBERS' INTERESTS. -INTEGRITY: PROVIDING THE TOOLS TO ADVANCE THE PROFESSION THROUGH ETHICAL LEADERSHIP. History ======= FEI was founded in 1931 as the Controllers Institute of America. The expansion of responsibilities of financial executives into policy-making areas led us to change our name to Financial Executives Institute in 1962. As the global economy developed, FEI was the driving force in forming the International Association of Financial Executives Institutes in 1969. On November 6, 2000, with a name and philosophy change, Financial Executives Institute became Financial Executives International and opened membership to financial executives from around the world. FEI proactively helped design the CFO Act, and has a history of supporting legislation that enhances the business climate. Commencing July 1, 2019, all of FEI's professional development opportunities are now presented by FERF. As a result of the combined FEI and FERF governance approved by both boards in May 2018, the financial statements are now presented on a consolidated basis. Influence ========= FEI educates, advocates, and affects change. Committees, Roundtables and Special Interest Groups are available for members to work with their peers to advance and protect the public policy interests of businesses around the globe. FEI's Committees author comment letters on issues impacting financial leaders and their companies. The efforts of FEI's Committees influence public policy, accounting and financial reporting issues affecting financial leaders, such as: - Accounting/auditing standards and financial reporting; - Corporate and pass through tax reform; - Finance and information technology issues; - Pensions and health care legislation; - Government contracting rules; - Energy law; - International trade; - The federal budget; and - Economic policy. FEI is dedicated to educating and effecting change on behalf of its members on the key issues of the day impacting their businesses. Outlined below is a list of FEI's Committees, Roundtables and Special Interest Groups: - BENEFITS FINANCE - CORPORATE REPORTING - COSO - FINANCIAL ACCOUNTING & REPORTING ROUNDTABLE - FINANCE & IT - GOVERNMENT BUSINESS - GOVERNANCE, RISK & COMPLIANCE (SUNSET 9/30/2024) - TAXATION FEIconnect ========== FEIconnect is a private online community created exclusively for FEI members to connect, learn and discuss leading edge financial and leadership topics online. FEIconnect is a tool to get the advice of peers, learn from their experiences, and participate in an ongoing conversation.