What Do You Know About Finances
The Work of the Chief Financial Officer in Organization
A chief executive officer is a person who is responsible for managing the company’s finances in terms of Financial Planning risk management record keeping and Financial Reporting over the company.
One of the roles of the chief financial officer or CFO that’s how he makes a capital structure decision of the organization. The capital structure of an organization gives an understanding of the kind of fundings that the company uses to fund its activities and to ensure that there is growth. The company structure is all about the particular distribution of debt and equity that makes up the finance of the company. The chief financial officer is in charge of balancing the Equity and debt carefully that a business uses to finance its assets the day-to-day operations and also for future growth. The CFO ensures capital plans and capital investments are in place for strategic growth and fundamental investment models are from year-to-year to ensure that the company is in a good state of stability and is growing.
Risk management is also the work of the CFO and he is in charge. Risk management can be said to the process of …