Explore BrainMass

Explore BrainMass

    Responsibilities of CFO

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Please identify at least 5 key responsibilities of the CFO position today and also explain why each responsibility is important to a company.

    © BrainMass Inc. brainmass.com June 3, 2020, 7:58 pm ad1c9bdddf
    https://brainmass.com/business/audit-reports/responsibilities-cfo-position-119119

    Solution Preview

    5 KEY RESPONSIBILITIES OF THE CFO POSITION

    Financial Planning - Lead strategic financial planning, forecasting and financial reporting process in support of short range and long term strategy. Take care of day to day financial running as well as the strategic financial planning which will include all funding requirements for future ventures. Also take care of investment planning & the implementation of policies, procedures & working practices.

    This is back bone of all the planning process of company. Company's planning process has to be supported by financial planning for growth of company.

    Budget - Manage the budget process, including establishing and ...

    Solution Summary

    This solution identifies and describes at least 5 key responsibilities of the CFO position, as well as why each responsibility is important to the company.

    $2.19

    ADVERTISEMENT