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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🔗

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