The CFO is not responsible for which of the following departments?a. Legal issuesb. Security analyst relationsc. Research and developmentd. AdministrationTreasury

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30-01-2020
Business

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The CFO is not responsible for which of the following departments?a. Legal issuesb. Security analyst relationsc. Research and developmentd. AdministrationTreasury

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monica789412 monica789412 · Answer 1 · 2020-02-05T12:56:51+01:00

The term CFO stands for the Chief Financial Advisor of a Company.The CFO manages the finances of a company which includes financial planning,financial risk management,financial forecasting,recording and reporting

Explanation:

The CFO has interaction with both the senior and the junior members of the company and the duties of the CFO includes

Providing direction to the finance and the accounting team
Giving strategic recommendations to the CEO/management team
Long term Financial Planning,Finances forecasting and reporting
Compliance Management-issues related to customers and stakeholders.
Developing relations with the external partners,stakeholder

From the above discussion it is clear that the CFO of a company is not responsible for the research and development department of a company