From the course: CISO Foundations: Influencing the Board and C-Suite
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Money: Understanding the CFO
From the course: CISO Foundations: Influencing the Board and C-Suite
Money: Understanding the CFO
- Meet the chief financial officer, the highest-ranking financial professional in an organization. What does a CFO do? They're responsible for a number of things, from tracking cash flow to financial planning and crafting budgets, analyzing the company's financial strengths and weaknesses, and proposing strategic directions. The CFO is generally responsible for the fiscal health of the business. Have you heard the saying, try getting the CFO to open your wallets? Yes. Not easy, indeed. The traditional CFO typically acts as a financial controller. They are detail-oriented. They love mapping numbers and focus heavily on transactions. That being said, a more modern CFO will be very forward thinking. They actually drive strategy and focus on the story behind the numbers. They look at managing risk and the future of the business. While the chief executive officer sets the direction, culture, and budget for the company,…
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