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Who do you think is responsible for the financial loss of the Company

Who do you think is responsible for the financial loss of the Company

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Basically financial managers ensure the financial health of an organisation through investment activities and long term financial strategies.Thus you can say that financial manager of the company is resposible for the financial loss.But it is partially correct as loss can be incurred due to several other reasons,such as current pandemic,not so suportive staff etc.Financial mangers perform data analysis and advise senior managers on profit maximizing ideas.They produce financial reports,direct investment activities and develop strategies and plans for the long term financial goals of their organisation.Financial manager is the centre of financial investment decision,that is why he is held resposible for the losses of the company

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