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:
“The search for happiness is one of the chief sources of unhappiness.”
—Eric Hoffer (1902–1983)
“For the merchant, even honesty is a financial speculation.”
—Charles Baudelaire (1821–1867)
“No officer should be required or permitted to take part in the management of political organizations, caucuses, conventions, or election campaigns. Their right to vote and to express their views on public questions, either orally or through the press, is not denied, provided it does not interfere with the discharge of their official duties. No assessment for political purposes on officers or subordinates should be allowed.”
—Rutherford Birchard Hayes (1822–1893)