MCA1 min read
CFO
Chief Financial Officer — a KMP under Section 2(19) of Companies Act 2013 responsible for financial management of a company. Mandatory for listed companies and certain other classes. Signs the financial statements along with the MD/CEO.
Last updated: 17 May 2026
Frequently Asked Questions (FAQs)🔗
Q1. What is CFO in Indian corporate law?▼
Chief Financial Officer — a KMP under Section 2(19) of Companies Act 2013 responsible for financial management of a company. Mandatory for listed companies and certain other classes. Signs the financial statements along with the MD/CEO.
Q2. Why is CFO important for compliance?▼
CFO is governed by the Ministry of Corporate Affairs under the Companies Act, 2013. Understanding this concept is essential for ensuring regulatory compliance, avoiding penalties, and making informed corporate decisions in India.
Q3. What is the full form of CFO?▼
Chief Financial Officer — that is the full form of CFO.
Contextual Analysis & Regulatory Updates🔗
Read our latest analysis and critical updates on corporate circulars related to MCA:
MCA Advisory: Beware of High-Return Promises by Non-Compliant Nidhi Companies (September 2026)
Published: 25 September 2026
AOC-4 Filing for OPCs: FY 2025-26 Deadline Is 27 September 2026 — Complete Filing & Penalty Guide
Published: 24 September 2026
Form MGT-7 and MGT-7A: The Complete Annual Return Guide — Due Dates, Filing Process on MCA V3, Fees, Penalties and 2026 Updates
Published: 16 September 2026