What is the difference between a chief accounting officer and chief financial officer?

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
One of the financial statement auditor’s major concerns is to ascertain whether...
Posted by:
Moataz Ali Sobhi
25-February-2015

Project Control Project Management Management

Question added by Joefil C. Jocson , CEO/President , Dyas Construction and Management Consultants
Date Posted: 2013/11/12

Upvote (0) Views (13) Followers (0) Answers (1) Report Question

Write an Answer
Register now or log in to answer.

1 Answers

by Ahamed Shareef , Divisional Head - Quality Assurance , Apollo Tyres Ltd

The difference exactly lies in the terms itself. Accounting is associated with past - Reporting what happened with organizations spending of money, where as, Finance is associated with future - What shall we do with available money and how shall we support enhancing business.

This can be associated to CAO or CFO.

Downvote Reply () Report

Popular Searches

Engineering Technicians Jobs Engineers Jobs Sales Executive Jobs Accountant Jobs Software Engineer Jobs

Write Your Answer

More Questions Like This

Reconciliation-of-cost-and-finance-accounting-what-are-the-reasons-for-differences-in-profits-or-losses-between-cost-account-and-financial-accounts?
Top Answer: Profit by cost or what is called economic profit is a more theoretical measure based on the alternative a ... See More

Answers (2)
What is the difference between managerial accounting and financial accounting?
Top Answer: Simply, Financial accounting has its focus on the financial statements which are distributed to stockhold ... See More

Answers (5)
Basic accounting: Which financial statement will tell you how profitable a company is?
Top Answer: <p>all of the above but cash flow statement is at the first place: a company with has a good incom ... See More

Answers (40)
Accounting and financial expertise opinion required for this balance sheet from you?
Top Answer: <p style="text-align:left;"><strong>The company's financial situation is very bad, ... See More

Answers (17)

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.