The chief financial officer (CFO) or chief financial and operating officer (CFOO) is a corporate officer primarily responsible for managing the financial risks of the corporation. This officer is also responsible for financial planning and record-keeping, as well as financial reporting to higher management. In some sectors the CFO is also responsible for analysis of data. The title is equivalent to finance director, a common title in the United Kingdom. The CFO typically reports to the chief executive officer and to the board of directors, and may additionally sit on the board.
Read more about Chief Financial Officer: Qualification of UFC The H&S Function/manager Reports To CFO., Federal Government of The United States, Changing Role, CFOs in Europe
Famous quotes containing the words chief, financial and/or officer:
“‘You’re wounded!’ ‘Nay,’ his soldier’s pride
Touched to the quick, he said:
‘I’m killed, Sire!’ And his Chief beside,
Smiling the boy fell dead.”
—Robert Browning (1812–1889)
“Creditor. One of a tribe of savages dwelling beyond the Financial Straits and dreaded for their desolating incursions.”
—Ambrose Bierce (1842–1914)
“The duties which a police officer owes to the state are of a most exacting nature. No one is compelled to choose the profession of a police officer, but having chosen it, everyone is obliged to live up to the standard of its requirements. To join in that high enterprise means the surrender of much individual freedom.”
—Calvin Coolidge (1872–1933)