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CFO Services Providers and CPAs: How They Differ

 
  Arthur F. Rothberg, Managing Director, CFO Edge, LLC  
   
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  Article Summary  
Many Los Angeles and Southern California business leaders are still struggling to maximize their companies’ financial performance and often turn to their accountant or CPA for help in this area.

Reviewed in this article are differences between CFO services providers and CPAs, a significant factor when executives seek outside expertise to improve financial and operational performance in the future.

CPAs serve a valuable role in reporting historical financial data and preparing external reports in accordance with Generally Accepted Accounting Principles (GAAP).

However, outsourced CFO services providers and CPAs are not the same thing. This makes it important to carefully investigate the credentials of any firm or individual that claims to offer outsourced CFO or financial consulting services.

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