The Chief Accounting Officer (CAO) is responsible for the integrity of your organization’s accounting, which sounds more straightforward than it is. Included in the role: technical accounting judgments, income tax accounting, tax-related financial reporting, investor-reporting inputs, accounting policies, internal financial-reporting controls and regulatory compliance governing the recording of economic activity. This is not an exhaustive list.
Because it’s rare to find this diversity of expertise in one person, many mid-market businesses don’t have a dedicated CAO role, causing a critical gap. If your organization lacks a CAO resource, the following articles are designed to help you understand where gaps in your company may exist and how an outsourced CAO function can rescue you from these voids:
- Accounting Judgments: A Critical Business Capability
This article discusses the CAO capability gap, when it appears and why it matters to owners, CFOs, boards, lenders and acquirers. - Accounting Infrastructure for Reliable Financial Information
The accounting foundation is dissected: accounting memoranda, policy and controls implementation, audit readiness and the business processes that depend on them. - 60 Days to Close: Uniting Strategy and Accounting
Accounting for strategic transactions is reviewed, including day-one advisory, purchase price allocation, the twelve-month review, integration and value protection.
Contact Us
If you have any questions, please contact your PKF O’Connor Davies client service team or:
Roman Z. Matatov, CPA, MBA, FPAC, FMVA, CGMA, CITP, CVA, CFE, CFF
Partner
rmatatov@pkfod.com