f you asked any company's CFO this question, you would probably be in for a three-hour conversation. But the core duties can be summarized in just a few paragraphs. A CFO's job can be broken down into three major components: 1. Controllership duties - These make up the backward looking part of a CFO's job.
Authentic assessments, on the other hand, offer more direct evidence of application and construction of knowledge. As in the golf example above, putting a golf student on the golf course to play provides much more direct evidence of proficiency than giving the student a written test.
Evaluation of effectiveness. With the records one can review the effectiveness of an activity and appraise the results against criteria. Examples for records and evidence related to the effectiveness of the quality management system may include: Changes and justifications for the changes; Project estimations regarding the objectives of the project