Role of Cfo free essay sample

Past Role of CUFF The past role of Chief Financial Officer(CUFF) revolved around the following key core areas 0 Performing the role of the operating manager of finance function, controlling compliance and statutory reporting in publicly traded companies. 0 Counseling role or Advisory role and help in bringing about orderly and control centric growth in companies. 0 Performing the treasury duties which involve decision making on how to invest the companys money, taking into consideration risk and liquidity. Deciding the Capital Structure of the company. The CUFF should determine the best ix of debt, equity and internal financing in the company. Present Role of CUFF Currently the Indian economy is in a crisis situation with increasing Current Account Deficit (CAD) and huge fall in the rupee. The situation is getting worse with the possibility of US Attack on Syria. The GAP growth of India is at the sub 5% level and WHIP inflation has rose above 6%. We will write a custom essay sample on Role of Cfo or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The role of CUFF becomes even more important in the current situation with the rupee depreciating against the dollar and negatively impacting the balance sheet of most of the Indian companies except those firms which are export oriented and IT Firms. Scoffs in the present day organizations are largely restricted to the responsibilities of providing the top management with financial data gathered from both outside and within the organizations. The finance department acts as a medium through which business plans are prepared based on financial projections. In regard to India, a CUFF today is concerned with the following issues 0 A major chunk of the Indian Coffs believe that revenue growth/preservation, cost reduction and maintenance of talent pool are the major organizational challenges. Presently, Indian Scoffs have limited participation in the strategic role. 0 Most of Indian Scoffs are not involved in sustainability strategy and governance. Sustainability functions include internal controls, compliance with tax regulations, performance measurement and reporting of financial and non financial indicators. CUFF needs to ensure and monitor that business operations take place efficiently, loss making products or activities are terminated and cost saving measures are being executed adequately. 0 Scoffs consider scalability and valuation as biggest drivers of Mergers and Acquisitions activity in the industry. Though the Indian economy is down at the moment, Scoffs expect that companies with good fundamentals and good valuation will be prospective targets for acquisition. Most Indian Scoffs are currently not considering outsourcing their business process except for multinational companies which do so due to compulsion because of global contracts entered into by their parent companies. 0 Currently Scoffs dont depend on proactive data mining and data analysis tools for their risk management system. It is imperative that the Scoffs adopt these tools in order to reduce the occurrence of fraudulent activities. 0 Cost of credit is worrisome for Scoffs in the Financial Services Industry with the government tightening liquidity in the system and increasing MS in order to prevent the depreciation of the rupee. Future Role of CUFF The Global Financial Crisis in 2008 has put the spotlight on Indian Scoffs more than ever before. The Corporate Governance responsibility of CUFF has increased, the CUFF became more involved in operational and strategic decisions to the company, management and assumed the role of CEO designate. CEO also assumed the role of instilling sense of confidence among the stakeholders namely employees, customers, partners and suppliers. 0 Alongside the traditional mandate to provide financial insights and analysis, Scoffs must describe a greater involvement in supporting and developing strategy and guiding key business initiatives. CUFF of Oxide Industries , A. K. Musketeer , had to cut down on replacement for automotive batteries due to under capacity. In 2011 A. K. Musketeer expanded the capacity which not only helped Oxide to tide over demand but also achieve greater market share. Under his purview, Oxide tied up with Us-based East Penn Manufacturing Co. And Japans Shin-Kobo Electric Machinery Company to improve processes, designs, and quality control. Scoffs must be versatile individuals with the talent to meet a continually changing set of circumstances. The CUFF of L Y. M. Detestable was instrumental in setting up L finance Limited which is a wholly owned subsidiary of L. Y. M. Detestable hedged foreign currency loans well in time, which would otherwise have meant provisioning RSI. 00 core when there was depreciation in rupee. He was an advocate of not only churning out profits but also managing risk effectively and protecting the margins of the company. Scoffs must still attend closely to cash flows, controls, costs and risk. Also, they should continue to seek profitable growth irrespective of the state of the economy-whether it be boom, recession or depression. Mr. Oshkosh Chatterer,CUFF of Data Steel, is an advocate of raising capital ahead of requirement and managing crisis through management of liquidity. Coffs should leverage the advancements in genealogy for taking decisions. CUFF has to use decision support systems available in the field of finance for making key decisions. Let CUFF Rajah Tendon used technology to track availability of rooms at all its properties across the country. This helped Rajah Tendon in better management of the rooms and led to revenue minimization. Rajah Tendon also used technology to reorganize the logistics network such that redistribution between warehouses was minimized. CUFF should take ownership and actively manage the financial drivers of value. Example: For a technology many, value drivers are completing a product development project by creating new technology or establishing partnership with a technical university. If the product development project has a long term benefit but a short term financial cost then the CUFF should give priority to the drivers of value and act in the long term interest of the company rather than short term gain. 0 CUFF is responsible not only for the past and present financial situation but is also an integral part of a companys financial future. A CUFF must be able to identify and report what areas of a company are most efficient and how the company can capitalize on this information. For Example, the CUFF of a company like MicroVAX in India should be able to pinpoint which mobile models are making the most revenue and how this information can be used to improve the company in the future. 0 CUFF should be ethical in his behavior. It is the lack of ethics that has led to major failures like Astray and Enron in the past. Scoffs should drive Corporate Social Responsibility (CARS) activities in the organization and be truly responsible to the society. The Companies Bill, 2012, mandated a 2 percent spend on CARS activities. This has to be viewed by Scoffs as an opportunity to give back to the society and gain the confidence of the public. This would also build goodwill and trust to the company among the public. Conclusion A great CUFF differs from a good CUFF by the way he is able to project the long term financial picture of the company and by the efficacy of his analysis. The CUFF is the right hand of the CEO, the co-pilot who navigates the company through the storm and manages the short term performance measures and enables long term value reaction. The traits which separate a successful CEO from an ordinary CEO are the following-professional focus both including internal focus on operations and external focus on strategy, previous expertise across multiple roles in the finance function, knowledge of various business areas and global experience. In addition to performing financial roles in an exemplary manner, CEO has to do well on the non financial roles also in an exemplary manner in order to be effective and should have good communication skills and knowledge across various business domains.

The Wittig Reaction Lab Report Essays

The Wittig Reaction Lab Report Essays The Wittig Reaction Lab Report Paper The Wittig Reaction Lab Report Paper Witting discovered the route to alikeness through yield molecules (1). Witting was educated originally at Tubing; Witting spent periods at Brainwashing, Prefigure, back to Tubing again before taking up the post as director of the organic chemistry department at Heidelberg (1 Witting became an emeritus professor in 1967, where he remained until the end of his notable career (1). In 1967, he won the Otto Hahn Prize, and in 1979, he and Herbert C. Brown were jointly awarded the Nobel Prize for their development of the use of boron and phosphorus- intonating compounds for important reagents in organic synthesis (1). The foundation of the Witting reaction is not complex. Phosphorus is a second row element in-group 5 like nitrogen, but unlike nitrogen, has the ability to expand its valence from 3 to 4, 5, or even 6 (1). The stable 5 valences are met in compounds like phosphoric acid and PC (1 Witting discovered that phosphates, which are the phosphorus equivalent of amines, easily form phosphorous salts with alkyl halides and that these salts readily lose HEX with strong base. This product is called an yield or a phosphorous. The yield is a polar molecule with a carbonic carbon. Figure 1. How to make a phosphorus yield (1) In relation to stereotypical, such as CICS/trans, or E/Z, is still not fully understood in the reaction (2). Trustworthinesss tend normally to give the Z- (CICS) isomer. Troubleshooting or the presence of groups that stabilize the yield tends to give E- (Trans) geometry (2). The Witting reaction can tolerate all types of functionality. The trans-isomer is more stable and the preferred product or the only product in certain reactions due in part to the reduction of sterile hindrance ND eliminating orbital overlap. Figure 2. Mechanism for phosphorus yields denoting CICS/trans-isomers (1) The Witting is basically used to convert a carbonyl group, C=O, into an alikeness, C=C. A phosphorus yield is formed and obtained by the treatment of a phosphorus salt with a strong base. These yields are very stable due to resonance and highly reactive (2). Phosphorus yields are generally not isolable and are treated with carbonyl compounds. Once the yield has been generated, it is added to a carbonyl group to give the intermediate known as obtained and is followed by the elimination of the hosepipe oxide. This elimination has been calculated to occur after the formation of a four-members ring known as an speakerphone. Based on the latest laboratory evidence, such as x-ray diffraction, the Witting reaction may proceed directly through the speakerphone intermediate (2). Figure 3. How to make alikeness using the Witting reaction (1) This reaction goes so well due in part to the formation of the immensely strong P-O bond. The strong bases used to make the yield can be the sodium hydride (NaH), and sodium amide (Anna ). If we have a more acidic H to abstract a eager base such as Note or even An could be used in the reaction. Another variant on the Witting reaction that is much easier to control and cheaper to carry out is the Witting-Hornier reaction (1). This reaction uses a phosphate ester instead of a phosphate, manufacturing a more reactive yield. Figure 4. Mechanism for Witting-Hornier reaction (1) In the Witting reaction, an organic phosphorus compound with a formal double bond between phosphorus and carbon is reacted with a carbonyl compound. The oxygen of the carbonyl compound is exchanged for carbon, forming a reduce known as an olefin (2). The method for making olefins has opened up new possibilities, especially for the synthesis of biologically active substances containing carbon-to-carbon double bonds. For example, vitamins such as vitamin A are synthesized industrially using the Witting reaction. DATA RESULTS The Witting reaction-synthesis of trans-9-(2-phenylalanine) anthracite yielded . 067 g of crystals and a 47 % yield. Under Witting-Hornier parameters, we could hypothesize achieving a yield in the 65 % range. After 30 minutes of reaction time, the solution was removed and 1. L of water and deceleration were added to the vial. The organic (bottom) layer was extracted and placed in a test tube. Calcium chloride pellets were added to dry the deceleration layers and the solvent was removed under vacuum. After approximately 15, minutes a solid had formed and 3 ml of I-propane were added and heated on a hot plate in the hood. The solution was allowed to cool to room temperature then placed in ice to reform crystals. The crystals were vacuum filtered using the Hirsch funnel apparatus and washed with cold deceleration. The crystals were removed ND were yellow-gold in color and shinny, somewhat metallic in nature. A melting point was obtained and fell in the range of 126-128 as compared to the literature value of 130-132 (2). The melting point could have been lowered due in part to some residual solvent. DISCUSSION The basis of conducting this Witting reaction was to use benzyltriphenylphosphonium chloride with 50% Noah, Witting reagent (yield) and 9-enthralled to yield the trans-9-(2-phenylalanine) anthracite. This molecule has a melting point of 130-132 C.

The Sverdlovsk Antrax Epidemic Research Paper Example | Topics and Well Written Essays - 1250 words

The Sverdlovsk Antrax Epidemic - Research Paper Example The CIA, which had satellite photographs of the military base of Sverdlovsk suggested that there was a laboratory facility in the military base. Soviet emigrants and dissidents had also heard about the death of people in the city’s southern part and ascribed these deaths to hazardous clouds emanating from the military base. The US therefore strongly believed that an explosion at Sverdlovsk’s main military base had spread lethal anthrax spores over the city, leading to the death of hundreds of people (Guillemin, 2002). The Soviets however rebutted any action regarding biological weapons and at various international conferences, they tried proving their tainted meat story. They also refused to refusal to permit researchers get into Sverdlovsk for investigations. As a restricted military area, Sverdlovsk was off-limits to foreigners (Pbs.org, 1995 and Wampler & Blanton, 2001). Western inspectors to this day have not been permitted to visit this military facility (Pbs.org, 1995). Approximately five thousand people got exposure to the aerosol. Roughly, three thousand workers were present in the ceramics factory on April 2, and eighteen of them passed away. This event’s attack rate has been estimated at two percent. Of the victims, two-thirds were men, with the median age being forty-five. Though they were definitely exposed, no children or young people were affected – the youngest victim being a 24-year-old kindergarten teacher who was suffering from tuberculosis (Guillemin, 2002).