Category: Business structure

The Finance Director and the Treasurer

What is the true role of the Finance Director/Chief Financial Officer - chief beancounter, chief administrative officer, corporate financier, conscience of the organisation, head of regulation and compliance, main contact with investors and the City, or all of the above? Why are US CFO's usually treasurers and UK CFO's usually accountants? What are the CFO's principal responsibilities in respect of governance and board decision making? How important is the financial literacy of the Board?

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