Financial History

• Corporate leaders rely on financial history reports and analysis for determining what direction a company will take in regards to investment, services and product sales. A company's chief financial officer (CFO) is an executive who oversees, analyzes and regularly reports his company's financial history to creditors, employees and shareholders. A CFO spends the day analyzing financial history. The CFO will prepare and deliver accurate financial history reports to shareholders, other executives and managers. Employees who own shares of the company will also receive reports on the history and present status of the company shares. A CFO will have access to cash flow statements and income statements for analyzing the history of a company's strengths and weaknesses. The responsibility for keeping accurate records of a company's financial history is often referred to as controllership duties. In essence, the CFO handles all aspects of a company's daily financial operations, as well as maintaining past records of financial transactions, investments, liquidation of company assets, and analyzing past with present financial stability. The stability of a company depends greatly on the CFO's ability to keep accurate records of past financial status, as well as the CFO's aptitude for analyzing financial history for use in financial decision-making.
  
  

Treasury

• A CFO is in charge of a company's capital structure. This responsibility covers, but is not limited to, the company's present financial status. A CFO spends his days analyzing past, present and future financial strengths and weaknesses of a company. The CFO will make daily decisions on how to invest his company's money for maximum profits, while minimizing the risks of investing. Overseeing company debt, equity and asset liquidity are the primary duties of the CFO at any company. Any difficulties or problems are reported by the CFO directly to the chief executive officer (CEO).
  
  

Forecasting

• The CFO is responsible for projecting the future of a company's financial status and business success. A CFO will spend time gathering information on products and services provided by the company. If the CFO's analysis shows that products are doing well, the CFO will determine the best ways to capitalize on products. Products or services that are not doing well also are taken into consideration by the CFO. Cutting back on underperforming products or services might save a company money, and keep a company in business by focusing on more productive trades, services and products.