Microsoft is about to make public one of its internal code names: Finance 2.0.

The Wall Street Journal reported Wednesday that Microsoft will use Thursday's annual Financial Analyst Day meeting to announce its strategy of appointing a chief financial officer to spearhead financial issues for each of its seven profit-and-loss (P&L) centers.

This is not a new strategy for the company, however. Last summer Microsoft's uber-CFO, John Connors, began instituting the plan. The code-name for Microsoft's reorganized financial operation is "Finance 2.0."

Microsoft's seven P&Ls are: Client, Server, Information Worker, MSN, Home and Entertainment, Mobile and Embedded Devices and Microsoft Business Solutions.

Under Finance 2.0, in addition to the seven CFOs who will report to Connors, there is an additional CFO who presides over Microsoft's operations and technology group.

Marc Chardon, the CFO of Jeff Raikes' information worker P&L, told Microsoft Watch earlier this year that Connors was open to bringing in people who weren't from traditional financial organizations. Chardon had been working as Raikes' business manager for more than a year when he was tapped to become the unit's CFO.

In recent months, the company has been working to fill its few remaining empty CFO slots. But already, the CFO team has been meeting every other week to compare financial notes.

Microsoft declined to provide a full list of the eight CFOs reporting to Connors when asked by Microsoft Watch earlier this summer.