Talk:Chief financial officer
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A CFO has many functions as one of the top officers of a company. For public and private companies, a CFO's role should include the development and maintenance of: - cash flow model and budget; - high quality financial systems; - an effective set of internal controls and the measurement and evaluation of such controls; - key financial and non-financial metrics for the company and its departments/segments; - compensation policies, personnel reviews, equity plans; - risk management policies including contract review and executions.
Additionally, CFO's are an integral part of defining the strategic direction of the company and often serve as a member of the Board of Directors.
A primary role of the CFO is also to develop and maintain relationships with key third party advisors including attorneys; bankers; auditors; tax advisors; investors; key vendors; insurance brokers; cash management advisors; human resource people - if there are quality ones available :); hardware and software vendors and for smaller companies, payroll service personnel.
Qualified CFO's generally have a CPA license, possibly an MBA and likely have employment experience with the Big 4 accounting firms. Small businesses without a CFO will often find instant improvement in measurement and quality of financial and non-financial information when hiring a CFO or other financial executive.
The background section has poor grammar and needs to be changed
[edit] Removed ad
I removed "An example of a part-time CFO is Will Hogoboom in Madison, Wisconsin: www.willhogoboom.com" as it appears to be an ad. --Pouchkidium 01:31, 26 April 2006 (UTC)
[edit] Requested move
Chief Financial Officer → chief financial officer – usually not capitalized in colloquial language - would make it consistent with chief executive officer and chief operating officer Bssc81 13:59, 29 August 2006 (UTC)
- The following discussion is an archived debate of the proposal. Please do not modify it. Subsequent comments should be made in a new section on the talk page. No further edits should be made to this section.
The result of the debate was move. Andrewa 06:41, 6 September 2006 (UTC)
[edit] Survey
Add "* Support" or "* Oppose" followed by an optional one-sentence explanation, then sign your opinion with ~~~~
- Support per CEO, COO. Truthseeker 85.5 16:59, 29 August 2006 (UTC)
- Strong support. Per above; not a proper noun; only ever capitalised when referring to the someone's title in a particular corporation (or maybe by executives for ego inflation purposes).Joe Llywelyn Griffith Blakesley talk contrib 00:40, 30 August 2006 (UTC)
- Support - as above. -- Beardo 05:33, 30 August 2006 (UTC)
- Support per Joe LGB and consistency with articles on other corporate titles. David Kernow 03:33, 2 September 2006 (UTC)
- Strong support: I can't believe there's even a vote on this! One question: in order to keep the history, do we need to delete the existing "cfo" article first? Maury 15:41, 5 September 2006 (UTC)
- The above discussion is preserved as an archive of the debate. Please do not modify it. Subsequent comments should be made in a new section on this talk page. No further edits should be made to this section.
