Chief Financial Officer 0.0 / 5 ? Accounting.ASAQA Created by: petekdixon1010Created on: 04-11-13 09:55 5 main jobs of CFO Budgetting, Risks, strategy, financial planning & forecasting 1 of 8 What is Cost - Benefit - Analysis? systematic process for calculating/comparing benefits of a project 2 of 8 Why CBA Determine if justifiable, feasible investment 3 of 8 Financial planning Includes budgetting - How to achieve strategic goals/ types of resources needed (labour, equipment, materials) 4 of 8 CFOs Are under greater scrutiny because of (6 things) never ending to cut costs, grow revenue, ensure control, increased compliance, financial restatements 5 of 8 ROLE 1 of CFO Steward - preserving assets of the organisation (minimizing risk/getting books right) - need a ROBUST ERP SYSTEM FOR THIS 6 of 8 ROLE 2 OF CFO OPERATOR: running a tight finance operation, that is efficient effective, 7 of 8 ROLE 3 OF CFO STRATEGIST 8 of 8
Comments
No comments have yet been made