Businesses exist to make money, which they cannot do without good finance heads. CFOs are in charge of company finances and are responsible for success or failure of the company financially. Indeed, any company running without an effective CFO will find itself in all sorts of troubles financially and legally.
In many companies the CFO is rarely seen. Many people don’t realize that CFOs are responsible for the financial success of great companies. The CFO assists the CEO in making accurate financial forecasts, doing cost-benefit analysis for various plans, and obtaining funding for the company’s activities.
The tech industry as a whole has seen erratic performance in the past one year with dips and highs in the industry as reflected in the Dow Jones chart below.
According to The Association of American Publishers, the US book publishing sector, revenues dropped to $27.78 billion from $27.96 billion in 2015 while units sold rose to 2.45 billion. The biggest growth was observed in Young adults and children ($617 Million), and adult non-fiction ($5.51 billion).