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Essay / Research Paper Abstract
This paper is mainly a tutorial, indicating what items and functions need to be included in a report from a company;s CFO to CEO. Bibliography lists 3 sources.
Page Count:
10 pages (~225 words per page)
File: D0_MTCFOrep.rtf
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Unformatted sample text from the term paper:
the "big picture" of a company, determining and overseeing everything from a companys financial solvency to its image in the community. The CEO, however, cannot operate a company successfully without
knowing if enough resources are available. This is where a companys Chief Financial Officer comes in. While the CEO examines a companys big picture and figures out where fiscal
policy fits into a companys master plan, the CFO typically comes up with numbers and forecasts to bring larger definition to the overall plan. Because of this, the companys CFO
must regularly communicate with the CEO about the financial health of the company. The purpose of this paper is to introduce the
student to what a CFO is and does, and some of the concepts that he or she attempts to communicate to the companys CEO. In this paper, well examine the
company of Enrons accounting practices. Although what happened to this former energy giant is an extreme example of financial reporting gone awry, it does nicely outline the function of a
CFO and his or her responsibility to report a companys fiscal health to the CEO. Function of a CFO The CFO, very
simply, is chief of finances - the Chief Financial Officer. This is the person who oversees anything and everything regarding a companys fiscal operating policies. One good description for a
CFO comes from bankpolicies.com, a web site that offers templates to the banking community. While this particular description is for banks, the job descriptions transcend the banking industry.
First of all, the CFO is responsible for ensuring the safeguard and honest reporting of a companys assets (Bankpolicies.com, 2002), both to the companys
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