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Re: Dclark, CFO's salaries typically (low risk ... nope) ...

By: Rakitno in IDCC | Recommend this post (0)
Fri, 06 Jan 12 7:28 PM | 318 view(s)
Boardmark this board | InterDigital Communications

Msg. 44206 of 48237
(This msg. is a reply to 44205 by tfwg)
Jump:

Being a CFO is a great gig because of the low risk.

Low risk ... not true thanks to the Sarbanes-Oxley.

A CFO is considered a "principal officer" therefore they are required to certify and approve the integrity of their company's financial reports.

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The above is a reply to the following message:

Re: Dclark, CFO's salaries typically
By: tfwg in IDCC
Fri, 06 Jan 12 7:22 PM

Msg. 44205 of 48237

rank in the top 5 of a company. It's a great deal and the financial analysis is fun.

Question: how many shareholders have screemed for the head of the CFO because a company failed to successfully meet its goals?

Answer: None.

In the largest of companies, outside of accounting, finance, tax, the CFO may have HR, facilities, and possibily some other G&A departments. But Research, Marketing, Sales, Manufacturing, QA, etc. all report to the COO and CEO.

Being a CFO is a great gig because of the low risk.

Just saying...

Best,

Bob

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