What is the full form of CFO
CFO: Chief Financial Officer
CFO stands for Chief Financial Officer. It is the designation of a senior finance manager in a company who monitors and manages all financial activities in a company. He is the head of finance and accounting department and is responsible for financial and risk management operations of the company.
Generally, rich experience in finance or related fields along with an education background in finance, business or similar field is required to become a CFO.
CFO reports to the Chief Executive Officer (CEO) and board of directors. A finance manager must have a management degree or strong accounting background to be promoted to the position of CFO.
Some of the key responsibilities of a CFO: