In most corporations, to whom does the chief financial officer report?

Question

Quizplus · Accepted Answer

The chief financial officer typically reports to the chief executive officer in most corporations. This is because the CFO plays a key role in the organization's strategic financial decisions, which are ultimately the CEO's responsibility. While the board of directors and shareholders also have oversight over the CFO's work, they do not typically supervise the CFO directly on a day-to-day basis. The controller is usually a subordinate of the CFO and would not be responsible for supervising the CFO.

In Most Corporations, to Whom Does the Chief Financial Officer