3 ms·
I hope that any company worth its salt has a CFO to deal with finances. Not that the CEO should be completely out of the loop (she has to sign off, after all).
by CaptainZapp 8y ago
I hope that any company worth its salt has a CFO to deal with finances.
Not that the CEO should be completely out of the loop (she has to sign off, after all).
But if a CEO is dealing with nitty, gritty details if finances there's a severe delegation issue at best and a detail obsessed control-freak at worst.
- gitgud 8y agoTrue, I was mainly referring to making decisions with company money, like how much to invest in resources and development. Not managing the accounting details.
- sonnyblarney 8y agoNo, there are many cases where the CEO will be involved in financial issues, especially where it will affect the company as a whole. A European company with major cash holdings may want to diversify currency, but that could be seen as speculative. The working capital requirements and details of the revolving loans they have from the bank. The list goes on.