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The role of the CFO as a cost-cutter rather than a growth driver also presents challenges for those stepping into the CEO position. In fact, CFOs-turned-CEOs are, on average, slower to drive top ...
A chief financial officer (CFO) is an officer of a company or organization who is assigned the primary responsibility for making decisions for the company for projects and its finances; i.a.: financial planning, management of financial risks, record-keeping, and financial reporting, and, increasingly, the analysis of data.
The ASM reports directly to the Secretary, through the Deputy Secretary. Until about 1985, the position was called the Assistant Secretary for Administration but included similar duties, absent CFO duties. As a senior management official in the Department, the ASM/CFO has an active role in the oversight of the bureaus.
AT&T's new CFO, Pascal Desroches, says his vision of success is leaving the telecommunications and media giant "in better stead than where we found it." "Ultimately, we are stewards.
CFO.com survives in a much smaller format. It produces a mixture of regional and global content aimed at CFOs and other decision makers in their respective industries. CFO reaches 440,000 individually qualified readers. The Daily Balance, a daily email newsletter, is the main component of CFO's content outside of CFO.com.
Get breaking Finance news and the latest business articles from AOL. From stock market news to jobs and real estate, it can all be found here.
The Chief Financial Officers (CFO) Act of 1990 (Public Law 101–576) signed into law by President George H. W. Bush on November 15, 1990, is a United States federal law intended to improve the government's financial management, outlining standards of financial performance and disclosure.
On the earnings call, Nvidia EVP and CFO Colette Kress said revenue for the quarter was $26 billion, up 18% sequentially and up 262% year on year, and well above the company's outlook of $24 billion.