CFOs: The New Patsies?

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Are finance chiefs the fall guys of the economic downturn? Although blame for the recent batch of finance and accounting mishaps has been widely spread among senior management -- not to mention outside auditors -- finance chiefs do seem to be getting more than their fair share of criticism.

The taint of being associated with a failing company represents a considerable career risk for a CFO. The issue for finance chiefs: how to manage the peril.

In ''To Pursue Other Interests,'' assistant managing editor David M. Katz looks at whether finance chiefs are taking the blame for a busted economy. In ''Power Bases,'' battle-scarred CFOs talk about managing risk when an employer starts heading south.

FEATURE ARTICLES
''To Pursue Other Interests''
Increasingly, CFOs seem to be taking the rap for poor corporate performance.
Power Bases
A CFO needs to be made of stern stuff to take on a CEO bent on aggressive revenue reporting.


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