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What were the provisions of the Chief Financial Officer Act of 1990?
EncofBizandFinance
It centralized organization of federal financial management, required long-term strategic planning to sustain modernization, and began the development of projects to produce audited financial statements
Wiki User
∙ 13y ago
Wiki User
∙ 13y agothe implementation of accounting systems and internal controls to produce reliable financial information and to deter waste, fraud, and abuse. Additionally, the act required extensive changes in reporting to
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What did Harad do from 1982 to 1991?
1982-1984, vice president; 1984-1989, senior vice president and chief financial officer; 1989-1990, executive vice president and chief financial officer; 1990-1991, executive vice president, paper
How long has Philippe Citerne worked for SocGen?
1984-1986, director; 1986-1990, director of financial management; 1990-1995, director of human resources; 1995-1997, Resources and Services Division, deputy chief executive officer; 1997-, co-chief executive officer.
When did Chief Financial Officers Act happen?
Chief Financial Officers Act happened in 1990.
What other types of CFO are there For instance you get CFO Chief Financial Officer CEO Chief Executive Officer COO Chief Operations Officer What else is there like this?
The chief financial officer (CFO) is an executive level position that oversees the financial operations and strategic planning within a company or organization. Generally, this position is regarded as second-in-command to the CEO, or chief executive officer. However, many types of chief financial officer jobs are on the same level as that of chief operating officer, since both are concerned with operational performance. As the title suggests, all chief financial officer jobs involve exercising leadership in terms of directing the financial activities of a company or organization. Specifically, this includes budget creation and administration, fundraising campaigns, investment strategies, risk management, and presiding over acquisitions and mergers. In addition, some chief financial officer jobs involve duties that extend beyond in-house investment and growth, such as the development and implementation of programs designed to promote economic development in the local community through education, charitable contributions, and internship opportunities. Like all executive level positions, chief financial officers are typically focused on day-to-day operations as well as long-term objectives. For instance, many kinds of chief financial officer jobs require a proficiency in managing routine daily operations that impact the financial stability of the company or organization, such as the allocation of materials, spending controls, loss prevention efforts, and billing and collection practices. As such, the chief financial officer usually plays a significant role in developing procedures and policies to facilitate the management of these tasks. Those who hold chief financial officer jobs within large companies or organizations usually enjoy the benefit of having a skilled support staff to assist them. This particularly applies to those employed with agencies outside the private sector, such as the government. The chief financial officer may also take an active role in hiring and training support personnel, as well as the utilization of human resources. Of course, there is also a considerable need for effective coordination between departments and staff, which usually translates to frequent meetings and written communications. In some environments, chief financial officer jobs are much less varied. In fact, they may specialize in only one particular aspect of operations management. Most often, the responsibilities are divided among financial department heads and are targeted to the direction of purchasing, acquisitions, capital raising, investments, etc. In addition, government agencies typically retain a chief financial officer for each of its segments. In the U.S., for example, the financial operations of all 23 federal agencies are managed by a separate chief financial officer pursuant to the CFO Act of 1990.
What executive positions has Jeff Jordan held?
Boston Consulting Group, 1987-1990, consultant; Walt Disney Company, 1990-1998, various positions, senior vice president and chief financial officer, The Disney Store
What executive positions has William G. Jurgensen held?
Norwest Corporation, 1973-1990, eventually executive vice president; First Chicago NBD Corporation, 1990-1998, chief financial officer and executive vice president .
What provision did the Chief Financial Officers Act of 1990 make for heightened management priorities and centralized primary accountability?
the statutory appointment by the president of a deputy director for management to report directly to the director of OMB. This individual, one of two deputy directors at OMB, is the chief financial officer of the United States
When was Dan Amos Chief Operating Officer at AFLAC?
1987-1990, coo
When was Carlos Ghosn president and chief operating officer of Michelin's North American companies?
1989-1990, president and chief operating officer of North American companies
When did Micky Arison become CEO of Carnival Cruise Lines?
1990-, chairman and chief executive officer.
How did the Chief Financial Officers Act of 1990 change federal financial management?
It created a new organizational structure for financial management, it encouraged the development of new and compatible accounting systems, and it required new forms of reporting.
When did Thomas E. Capps become chief executive officer of Dominion Resources?
In 1990 Capps took over as chief executive officer and made the decision to sell Dominion's natural-gas distribution operations. He then formed joint ventures to develop natural gas reserves.
