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Cfo reports whom
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Cfo reports whom


Date:11.01.2018, 16:43 Finally, does the CFOs fiduciary duty to the company compel her to approach the Board if she perceives that the CEOs actions or judgment are mistaken, which can often occur in early stage tech companies with young and inexperienced CEOs? As long as the Company is executing well, then complete disclosure paints a glowing picture of health. But what if there are problems that the CEO would rather not discuss? Does the CFO have an obligation to disclose? After all, the CEO is expected to be positive and upbeat at all times, whereas the CFO is expected to maintain a clear, unemotional view based on the facts. Sounds reasonable? Investors and the Board test this relationship and if they are receiving mixed messages, it may be the first sign of trouble in the company. Yet the CFO also has a duty to provide plain, true and complete disclosure to the Board. The CFO should provide drafts of all reports to the Board to the CEO first. While the CEO can suggest improvements, the CEO must leave the final version to the discretion of the CFO, otherwise it is not her report.
Cfo reports whom


Cfo reports whom Cfo reports whom


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