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Why the old-school CFO’s days are numbered

Future CFO

The numbers don’t lie -- or so the saying goes – but they rarely tell the whole story either, just like how the Chief Financial Officer (CFO) encompasses more than just finance and accounting. Historically, the CFO has been a largely invisible figure – often risk-averse and narrowly focused on accounting, assets, liabilities and returns.

Numbers 52
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National Debt Definition

CFO News Room

First, it’s important to understand what the difference is between the federal government’s annual budget deficit (also known as the fiscal deficit ) and the outstanding federal debt, known in official accounting terminology as the national public debt. Treasury Department must issue Treasury bills, notes, and bonds.

Budgeting 130
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Transcript: Gretchen Morgenson

Barry Ritholtz

In fact, I think Secretary of the Treasury at the time said the market will work out these things and they will not become a problem. Now, They have seized on healthcare as a huge industry to really dive into, to invest in. And the difficulty with healthcare is that you are not supposed to put profits ahead of patients.

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Transcript: Gary Cohn

Barry Ritholtz

And so after a week there, I, I said to the guys on desk, Hey, can I open an account and do this? Yeah, you’re, you’re, you’re allowed to open an account. So I opened an account and I sat there and I traded the, the New York Chicago Gold arbitrage for the next sort of close to month. Gary Cohn ] 00:05:28 Be?

Marketing 109