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Essay

CFO changing roles

Essay specific features

 

Issue:

Business

 

Written by:

Erich H

 

Date added:

December 24, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 1054

 

Was viewed:

8250 times

 

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Essay content:

The CFO's role is not only expanding but also demanding regulatory compliance which has made the role much challenging. A recent Survey shows at CFO.com that most of the finance manager would not like to take the post of CFO in near future because of the complexity of the role and new regulation like SOX in place...
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SO The CFO Job has become less desirable with all the new developments. CFO Then and Now: In the traditional executive suite the CFO's role was to keep tabs on the money ? what came in and what went out - and then make sense of that information for the board of directors and top management. Today CEO's are delegating high level management responsibilities at such a rapid rate and regulations are piling up that CFO's are being stretched even further putting them on the hot seat...
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