What is the differences between the chief accountants and the CFO?

As cleared with in the questeion chief accountant is responsible for dealing with the accounts and budget, audit, inspection of transactions, where is the CFO has wider responsibilities. CFO need to manage and observation regarding company’s liabilities , company’s performance and to manage company’s financial resources.

CHI is the discion maker in the company in general The accounting manger is just the head of accounting after that he will be come financial manger then maybe will be CFO

 

the CFO is the senior-most finance executive and is normally in charge of all financial functions of a company. Typical areas a CFO is responsible for include budgeting, credit, insurance, tax, and company treasury issues. A CFO is also typically tasked with ensuring that lower-level executives, such as the treasurer and financial controller, effectively handle day-to-day financial operations. A CFO is responsible for pushing down higher-level company ideas, concepts and plans to lower-level finance and controller areas

 

Chief accountants are responsible for overseeing all accounting functions. Corporate accounting is very complicated, and Chief accountants ensure that all ledger accounts, financial statements and cost control systems are operating effectively. Like the CFO, the Chief accountants typically reports directly to top management such as the CEO and the board of directors. Chief accountants are more focused on day-to-day accounting activities than CFOs normally are, and they must be good at leading and directing the work of others