By on May 9, 2012. Imputed income works on the principle of adding value to cash or non-cash employee compensation to properly withhold employment and income taxes from wages. In other words, Imputed income is the value of a service or benefit provided by employers to employees, which must be treated as income.
The chief executive officer oversees her company's business strategy and plays a primary role in shaping its future. Becoming a CEO requires the right blend of education and experience as well as business savvy, strong leadership skills and a commitment to the success of an organization and its employees.evelop and Demonstrate Business Acumen. A CEO must have a deep understanding of general business practices to be successful in her position. Acquiring this knowledge is often achieved by working either in finance or marketing prior to become a company's chief executive.
The Chief Executive Officer (âCEOâ) is responsible for leading the development and execution of the Companyâs long term strategy with a view to creating shareholder value. The CEOâs leadership role also entails being ultimately responsible for all day-to-day management decisions and for implementing the Companyâs long and short term plans. The CEO acts as a direct liaison between the Board and management of the Company and communicates to the Board on behalf of management. The CEO also communicates on behalf of the Company to shareholders, employees, Government authorities, other stakeholders and the public. More specifically, the duties and responsibilities of the CEO include the following: 1. to lead, in conjunction with the Board, the development of the Companyâs strategy; 2. to lead and oversee the implementation of the Companyâs long and