Of your 2 submissions I prefer the one where the text goes across the bottom. I like the colors that you have used. As well I like the fact that the focus is on the "CFOServ.ca".
I am not crazy about the wheel sprockets in the "O" on the logo. I think that it suggests industrial as opposed to the message that we apply the latest technologies to our services. As well, I would like the embossing in the "CFO" to not be so prominent. It muddies the letters.