Managers are responsible for two major areas, the acquisition of real assets such as equipment, machines, warehouses etc. required for growth and development , and investing, necessary to grow the companies money and create capital to procure the real assets needed (capital expenditures). They must decide how best to raise money to pay for these assets, how to invest and how much to invest, how to control and limit risk, whether to borrow money from an institution or issue dividends to its shareholders or issue securities such as bonds. Three main titles of managers in larger corporations are the treasurer, the controller, and the chief financial officer, roles one may find in virtually all the companies highlighted earlier. Typically, the CFO oversees the activities of the other two, while sometimes duties may overlap among all three. The treasurer is charged with creating capital and managing it, while the controller prepares financial statements and looks after the accounting and bookkeeping and tax concerns, which is where the role of the accountant steps in.