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What is the full form of CFO:

CFO represents Chief Financial Officer.

CFO is an acronym for Chief Financial Officer. It is role given in the corporate companies for managing the financial risks, financial planning, maintaining records, reporting the financial details to the higher management. He is also responsible for analyzing the data. In short he is the person who has to overview all the day to day financial activities of the organization. He also needs to take care of the Accounting department. He needs to cooperate with the executives of the company. He is the one who is responsible for the growth of the company. There are other responsibilities which a CFO has to take care of, they are: Analyzing the strength and weakness of the company, verifying the financial reports, Taking care of the capital structure of the company, making plans for the improvement of the company, making the financial plan and observing the cash flow. CFO has to report the Chief executive officer and the board of directors. CFOs of large companies are highly qualified. They are Master of science, master of business administration, certified public accountant, certified management accountant, chartered accountant or chartered certified accountant.

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