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| | The Treasurer is responsible for the financial affairs of the corporation, including but not limited to banking arrangements, proper filing of financial statements with regulatory authorities, and ensuring management has the timely, accurate and relevant information it needs to run the business. | | The Treasurer is responsible for the financial affairs of the corporation, including but not limited to banking arrangements, proper filing of financial statements with regulatory authorities, and ensuring management has the timely, accurate and relevant information it needs to run the business. |
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| − | In Europe, the concept of a corporate officer is not well known. Generally, a corporation will have outside directors (directors who are not employees of the corporation) and inside directors, such as the President. In England, the term Managing Director is often used to designate the President's job, however, terms like CEO and CFO are now commonplace there. | + | In Europe, the concept of a corporate officer is not well known. Generally, a corporation will have outside directors (directors who are not employees of the corporation) and inside directors, such as the President. In [[England]], the term Managing Director is often used to designate the President's job, however, terms like CEO and CFO are now commonplace there. |
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| | Beneath the officer level, there are managers and supervisors, who, by defintion, accomplish their work through other people. Managment titles at this level mean little. | | Beneath the officer level, there are managers and supervisors, who, by defintion, accomplish their work through other people. Managment titles at this level mean little. |
| | Many companies have literally hundreds of Vice Presidents, whereas others will have only one. In Europe the title Director implies that the holder is on the board, whereas in America in usually denotes someone between a Vice President and Manager. | | Many companies have literally hundreds of Vice Presidents, whereas others will have only one. In Europe the title Director implies that the holder is on the board, whereas in America in usually denotes someone between a Vice President and Manager. |
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| − | The duties of the board and officers are specified in the documents used to incorporate the company, the laws the corporation is registered in and the laws of the jurisdictions in which it operates. Each state in the US has rules for incorporating companies. In Canada, each province has rules and it is also possible for a corporation to obtain a federal charter. | + | The duties of the board and officers are specified in the documents used to incorporate the company, the laws the corporation is registered in and the laws of the jurisdictions in which it operates. Each state in the [[United States]] has rules for incorporating companies. In Canada, each province has rules and it is also possible for a corporation to obtain a federal charter. |
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| | [[Category:business]] | | [[Category:business]] |