Fin 200 Assignment T2 2014

FIN200 Assignment, T2 2014List and briefly describe the three general areas of responsibility for a chief financial officer (CFO) of a selected non-financial company which is listed on Australian Stock Exchange (ASX). How those responsibilities can affect ultimate objective of the company. The name of company you chose should start with the first letter of your name, surname or middle name. (Maximum of 1000 words) My Name starts with B or K. So Company Chosen is BHP Billiton Ltd (BHP.AX) The Chief Financial Officer (CFO) is the highest position level of fiscal leadership in a company. CFO, as a member of the organization’s executive leadership and management team, occupies a very crucial and viable position in today’s global business society. The three general areas of responsibility for a chief financial officer (CFO) are as below:-Investment decisionsFinancing DecisionsAsset Management decisionsInvestment decision is the most important decision a CFO makes as it directly relates to value creation. CFO starts with determining the total amount of assets that can be held by the firm, asset composition & their utility to firm. CFO also focuses of disinvestment