<P> The chief financial officer ( CFO ) or chief financial and operating officer ( CFOO ) is a corporate officer primarily responsible for managing the financial risks of the corporation . This officer is also responsible for financial planning and record - keeping , as well as financial reporting to higher management . In some sectors the CFO is also responsible for analysis of data . The title is equivalent to finance director ( FD ) , a common title in the United Kingdom . The CFO typically reports to the chief executive officer and to the board of directors , and may additionally sit on the board . The CFO supervises the finance unit and is the chief financial spokesperson for the organization . The CFO reports directly to the president / chief executive officer ( CEO ) and directly assists the chief operating officer ( COO ) on all strategic and tactical matters as they relate to budget management , cost -- benefit analysis , forecasting needs and the securing of new funding . </P>
<P> The chief financial officer ( CFO ) or chief financial and operating officer ( CFOO ) is a corporate officer primarily responsible for managing the financial risks of the corporation . This officer is also responsible for financial planning and record - keeping , as well as financial reporting to higher management . In some sectors the CFO is also responsible for analysis of data . The title is equivalent to finance director ( FD ) , a common title in the United Kingdom . The CFO typically reports to the chief executive officer and to the board of directors , and may additionally sit on the board . The CFO supervises the finance unit and is the chief financial spokesperson for the organization . The CFO reports directly to the president / chief executive officer ( CEO ) and directly assists the chief operating officer ( COO ) on all strategic and tactical matters as they relate to budget management , cost -- benefit analysis , forecasting needs and the securing of new funding . </P>
who has responsibility for financial management of an incorporated organisation
who has responsibility for financial management of an incorporated organisation
chief financial officer ( CFO ) or chief financial and operating officer ( CFOO )
chief financial officer ( CFO ) or chief financial and operating officer ( CFOO )