CFOs are professionally certified accountants, however it has become commonplace for non-accountants to become CFOs in the United States. Many CFOs have a Master of Business Administration postgraduate academic qualification in scientific/strategic management. A finance department would usually contain some accountants with Certified Public Accountant or equivalent status.
CFO's are one of the decision makers & got to take right decisions in right time to enhance te company growth. Chief financial officers see it as a critical capability, many feel the decision-making process in their own organisations is chronically under-managed. Except for a few types of decisions, such as acquisitions or new product developments, Chief Financial Officers (CFOs) said much decision-making was quite informal, something with which they weren't always comfortable.
Primary Responsibilities as CFO
CFO's should analyze the business's assumptions and plans and investments to make sure that he or company is applying very strictly & neatly every year, and that they are being objective and not emotional in decision making.
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