ECONOMICS
MONEY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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CFA
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CPA
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CFP
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RIA
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Detailed explanation-1: -A CFO does not need to have a CPA, CFA, or MBA designation. But of the three, having a CPA designation does help dramatically .
Detailed explanation-2: -A CFA Can Become a CFO That said, if you’re a CFA, you’ll stand the best chance at becoming a CFO by pairing your current degrees and certifications with an MBA. To take this route, look for an MBA program with a strong emphasis on accounting fundamentals to gain the technical skills you’ll need.
Detailed explanation-3: -To become a CFO, you will probably need a bachelor’s degree, a master’s degree or professional accounting certificate (like a CMA) and about ten years of work experience. Some of these can overlap, but it will probably take 10-15 years to achieve this goal.
Detailed explanation-4: -The CFO’s duties include tracking cash flow and financial planning as well as analyzing the company’s financial strengths and weaknesses and proposing corrective actions.