The ability to identify risks and maintain financial stability is especially important for CFOs now that Brazil is struggling with the worst recession since the 1930s. So said Leonardo Gomes Pereira, chairman of Brazil’s Securities Regulator (CVM), at the CFO Forum organized by the Council of the Americas on April 8, in Rio de Janeiro. “The CFO is the setter in a volleyball match, preparing the ball for the CEO to attack,” Pereira said. “The court is usually made of sand, but sometimes it’s quicksand, or a glacier, constantly moving beneath our feet.” Risks are changing along with the business environment. Social media and the speed at which information is disseminated directly affect how business is done. For public companies, […]
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