What is the function of the CFO?
A)Control of the accounting functions of the firm.
B)Effective communication with the investment community about the firm's performance.
C)Oversight of the financial statements.
D)Determination of effective tax reduction strategies.

Question

Quizplus · Accepted Answer

The CFO (Chief Financial Officer) has a critical role in communicating the financial performance and strategy of the firm to the investment community. This involves presenting accurate and transparent financial statements, forecasting financial outcomes, and explaining financial trends to investors and analysts. While the CFO may also be responsible for accounting oversight and tax strategies, effective communication with the investment community is a primary function.

What Is the Function of the CFO