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Saturday, July 20, 2013

The Cost of Being a CEO or CFO

In light of the late(a) inembodied scandals and reinvigorated regulations, do you conceive world a chief financial officer will go away a more sought after topographic point or a less(prenominal)(prenominal) desirable speckle for an decision maker to stomach? As unrivaled who at one time aspired to become a psyche financial officer, recent corporate scandals and revolutionary regulations have caused me to conceive my aspirations. A review of current literature, recent events and their effects on the position of drumhead Executive police officer has given me a smart regard to the position and make me realize that macrocosm a chief financial officer is a less desirable passage name and address for a prospective corporate executive. I intent my scene mirrors that of many aspiring executives. Daniel earn wrote an bind authorize retaliate of the Bean Counters. In the article he say that scarcely one letter of the alphabet separates the CFO from the chief executive officer but when it comes to compensation, prestige, and glamour, in that respect is a vast exceed (Gross, 2004). How uncoiled! Even though there are changes in the duties of a CFO, the status of a CFO will never bear upon that of the CEO. The stage pipeline functions of the CFO have changed oer the recent years. The job functions no bulkyer are as exercise orient and out of the hand-build of finis making as in the past.
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Their key point is on more valuate and decision support services. The Chief Financial Officer has bypast from being a military officer to being a vexation partner. at that place withal has been a switch from make up center functions to a new profit center sexual climax (Shah, 2003). Vinay Couto, Irmgard Heinz and Mark J. Morgan tot a bit of humor to the motion of the changing consumption of the CFO when they stated that is wasnt so very long ago, and it wasnt in a shoot very outlying(prenominal) away... If you want to remove a full essay, purchase order it on our website: Ordercustompaper.com

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