Fractional CFO vs Accountant – Understanding the Differences
Quite some businesses assume an accountant and a CFO perform the same role. In reality, they serve very different, but complementary, functions. An accountant focuses on finance operations, looking backwards and inwards—handling bookkeeping, financial reporting, tax compliance, and payroll. Their role is essential for keeping financial records accurate and compliant. A CFO, on the other hand, focuses on strategic finance, looking forwards and outwards—driving growth, financial…