CFO Full Form is Chief Financial Officer. CFO refers to the corporate officer who is responsible for the financial risks of a company. Other responsibilities of a CFO include record-keeping, financial planning, financial reporting to management, etc. CFO is almost equal to FD or Finance Director in terms of UK.
A CFO reports to the CEO or Chief Executive Officer as well as to the board of directors. He or she may also be a part of the board members. A CFO must possess MBA or MS. or he or she must have a strong accounting background like CPA. Current role of CFO does not just end with managing finance and administration. It also includes the role of being an adviser to CEO.