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CFO

What Does CFO Mean in a Text?

homesearch cCFO

The Quick Answer

The CFO (Chief Financial Officer) is a senior executive whose job is to coordinate the financial, accounting and tax strategies to optimize the company's value. (It is not unusual for the CFO to have a seat on the company's board of directors.)

More Detail...

The CFO's main responsibilities are:
  • To create robust financial plans and to oversee the annual budgeting process.
  • To protect the shareholders' financial interests by balancing debt and equity and reducing capital costs.
  • To oversee the accounting and tax processes by planning ahead and ensuring accurate records are maintained.
  • To provide feedback on the company's performance to regulatory bodies and stakeholders.
  • To act as the personnel manager for the staff from the accounting, payroll, insurance, and financial-analysis departments.

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When I write CFO, I mean this:

meaning of CFO

A CFO's job is to coordinate the financial, accounting and tax strategies to maximize company value.

Summary of Key Points

We have summarized the key points in the table below:
CFO
Definition:Chief Finance Officer
Type:Abbreviation
Guessability:guessability level 2
2: Quite easy to guess
Typical Users:typical user

Adults

Examples of CFO in Sentences

Here are examples of CFO in sentences:
  • Our CEO is also the CFO.
  • Please help the CFO with the financial risks register.

An Academic Look at CFO

CFO is used as a noun. When the term is expanded, it is a noun phrase based on the common noun Officer. The words Chief and Financial are attributive adjectives modifying Officer.

Example of CFO Used in a Text

CFO
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