April 4: Today’s CFO, Triple Threat?
Location: New York
Author:
Date: Monday, April 4, 2005
Traditionally the CFO function encompassed the Controller (accounting functions) and the Treasury (capital raising functions) of the corporation. In financial firms the Treasury function has been extended to include managing the investment portfolio and determining transfer pricing rates for all loan products. In some firms the risk monitoring function also falls into the purview of the CFO. In an era when we are aware of the needs for segregation of duties, this overlap should be eliminated.
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