What is the difference between a Controller and a CFO?
The controller is generally an accountant who may also have responsibilities for budgeting and forecasting. Most controllers focus on historical results and compliance with GAAP and tax codes. The role of the CFO is strategic and cross-functional. The CFO is a key business partner for the CEO who can plan for business growth, develop debt / equity strategies, design compensation programs, participate in pricing decisions, and negotiate strategic alliances. Most small to medium sized businesses cannot financially justify a full-time CFO. CFO Advisory Services can provide the financial expertise you need without the payroll and overhead cost of a full-time CFO.
