FierceFinanceFierceFinanceITFierceSarbox   FierceCIO

Should the CIO report to the CFO?

There's been a lot of talk recently about the CIO's relationship to the CFO. Increasingly, these guys--and their departments--are being thrown together either in confrontation or in partnership. Just about every piece of software sold today comes with a lot of Sarbanes-Oxley attached, so you would expect the CFO to be involved. A still unpublished annual survey by CIO magazine has found that CIOs who report to CFOs may be more inclined to focus on compliance (36 percent) than those reporting to the CEO (20 percent). Also, CIOs reporting to CFOs feel like they are more successful in cutting costs (60 percent), compared with those who report to the CEO (48 percent). This is somewhat interesting. There is a case to be made for giving the CFO executive oversight. It all comes down to the personal relationship.

For more:
- here's a brief from CIO

More stories about compliance   CIO   CFO  

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