What is the difference between a CPA, Controller and a CFO?

What is the difference between a CPA, Controller and a CFO? Which does your business need? Do you need all of them?

Let’s take a closer look at each role to better understand their responsibilities.?

CPA (Outside)

• Does taxes, compilations, reviews, audits
• Some do bookkeeping and payroll
• Historical reports

Controller (Internal)

• Close the books, prepares accounting reports
• Monitors AR and AP
• Reviews transactions
• Historical reports

CFO

• Focused on profitability, internal cash flow, working capital
• Strategic and forward looking
• Working with the business owner on goals and making the business better

If your business needs a Controller or CFO, TP4 Advisors can provide you with top-notch financial professionals who can help you create sustainable financial foundations.??

Our team understands;?

• Driving internal cash flow
• M&A experience
• Strong internal reporting, including management reports, budgets, forecasts, bank covenants, internal PL, BS, CF
• Critical forward looking information for management team and key advisors

If your business could benefit from a CFO or Controller, please contact TP4 Advisors today to find out how we can help you accelerate your business growth!