claim: Vampire Academy was a structural failure.
evidence: The chief financial officer -LRB- CFO -RRB- or chief financial and operating officer -LRB- CFOO -RRB- is a corporate officer primarily responsible for managing the financial risks of the corporation .. officer. Corporate title. This officer is also responsible for financial planning and record-keeping , as well as financial reporting to higher management .. officer. Corporate title. In some sectors the CFO is also responsible for analysis of data .. analysis of data. Data analysis. The title is equivalent to finance director -LRB- FD -RRB- , a common title in the United Kingdom .. The CFO typically reports to the chief executive officer and to the board of directors , and may additionally sit on the board .. officer. Corporate title. chief executive officer. chief executive officer. board of directors. board of directors. The CFO supervises the finance unit and is the chief financial spokesperson for the organization .. The CFO reports directly to the president / chief executive officer -LRB- CEO -RRB- and directly assists the chief operating officer -LRB- COO -RRB- on all strategic and tactical matters as they relate to budget management , cost -- benefit analysis , forecasting needs and the securing of new funding .. officer. Corporate title. chief executive officer. chief executive officer. chief operating officer. chief operating officer