The role of a CFO or controller in ensuring the accuracy of financial statements is crucial. They are responsible for overseeing the entire financial management process, which includes the preparation and review of financial statements. They ensure that all financial transactions are recorded accurately and in accordance with accounting principles. They also implement internal controls to prevent errors or fraud. Furthermore, they are responsible for ensuring that the financial statements are presented in a clear and understandable manner to the management, shareholders, and other stakeholders.
Financial statements do not always tell the entire story about a company. Accounting methods and fi...
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