Tagged: Compliance and financial controls

What Happens When a CFO Fails to Listen to the CCO?

What Happens When a CFO Fails to Listen to the CCO?

Chief financial officers are powerful players in the corporate governance landscape.  CFOs play a critical role in the management and oversight of the company’s internal accounting controls.  Sarbanes-Oxley lifted the importance of CFOs and internal auditors as important gatekeepers.  With that important role, CFOs and corporate leaders have to certify as to the accuracy of the company’s financial reports, subject to potential criminal consequences. CFOs...