Since the CEO bears the responsibility for the company financial performance, he is a key player in all important financial matters. He creates or approves the budget and then monitors progress throughout the year. The CEO ensures that all financial reports, such as the income statement and balance sheet, are prepared according to generally accepted accounting principles and, if applicable, Securities and Exchange Commission regulations. Human resources are one of the most critical. The CEO is responsible for establishing or maintaining a corporate culture and motivating employees to be productive. Depending on the nature of the Steve Yzerman Jersey business, the CEO must manage the company physical or intangible assets. For example, the CEO of an Jordan Eberle Jersey oil company must ensure that its leases are negotiated properly or that its production fields operate according to environmental regulations. The CEO of a manufacturing company might have to manage the patents it has acquired.