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.
The first step is referred to as primary appraisal, which is the evaluation of how the event or interaction will affect you personally. For example, if you hear that ten people are going to be laid off at your company, your first thought will be to assess how that could affect you.