Cfo Responsiblities

Chief Financial Officers Responsibilities Joanne Blanchard January 11, 2012 As a chief financial officer for a corporation, youre ultimate responsibility is to the board of directors and the shareholders. Within my readings and my research, I rig the pursuit are some of the key chief financial officer responsibilities. The implicate evaluating hard cash catamenias, the overall Corporate performance, budgeting, raising capital and fiscal relationships1. As the CFO, it is very important to have an excellent rationality of the past, current and future financial position of an organization. In the following paragraphs, details will be given as to why, evaluating cash falls, overall performance, budgeting, raising capital and financial relationships are an important responsibility of the Chief Financial Officer. The definition of a cash flow is the movement of money in or turn up of a business, project, or financial product. It is usually measured during a specified, finite period of time. Measurement of cash flow merchant ship be used for calculating other parameters that give culture on a companys value and situation. Cash flow provides income government authorization, timely payments, good return ratios, debt free, saves on unnecessary expeditures and allows for investments2.

Income assurance allows the CFO and the business the necessary cash inflow from their customers to pass daily operations and potential extra cash flow for investments in the organizations future. Timely payments from the business to their vendors allow the CFO and the business to continue postivie relationships and a good credit stand with their vendors. Return ratios allows the CFO to reflect and adjust cash flows, budgets and investments as needed for the future of the orgainzation3. Continuous growth of cash inflows allows the CFO to be able to allow the timely payments to the government agency and vendors keep the orgainzation debt free. Since the orgainzation is debt free, the CFO can project a unswerving growth of... If you want to get a full essay, collection it on our website: Orderessay

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