CFOs, general counsels must come together as business risks grow

12/6/2011 | Law.com

Chief financial officers should cooperate more often with their company's general counsel to cope with economic volatility, according to a report from Deloitte Financial Advisory Services. Just 40% of executives say their company's CFO and general counsel have a strong working relationship. However, the duo's responsibilities overlap in areas such as risk management and compliance. "This sort of collaboration should be the rule and not the exception," Deloitte Financial CEO David Williams says.

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