Business & Industry

CPAs as CFOs: Why You Should Have a CPA in Your C-Suite

Today's complex global environment places new demands on leaders of organizations at both the board and executive levels to satisfy the dual expectations for successful performance and ethical governance.

As a critical component of the executive team, the role of Chief Financial Officer (CFO) involves new demands as well. With heightened emphasis on financial reporting and internal control, the CFO's traditional responsibility for financial stewardship is more important than ever before. In addition, CFOs are increasingly involved in strategy execution and value creation activities. Their central location within the organization at the intersection of strategy, process and information places them in a unique position to coordinate strategic initiatives across the enterprise.

CPAs are uniquely qualified to meet the challenges of the evolving role of the CFO:

  CPAs are committed to a high level of professional competence, and are bound by the highest standards of integrity and ethical conduct.

  CPAs value continuing education highly and continuously acquire new skills and knowledge to meet the changing demands of the workplace and their profession.

  CPAs have a 100 year history and a deserved reputation for honesty and objectivity.

  CPAs are committed to the public interest, which provides them with a perspective that is invaluable in developing trust.

CPAs are trusted professionals with the expertise necessary to deliver value across the wide spectrum of responsibilities of the finance function in today’s business enterprises. Whether in the executive suite, on the audit committee, or in other roles in the boardroom, the skills and values of CPAs are essential to meeting the challenges of leadership and governance in this rapidly changing and complex world.

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