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A CFO Accountant possesses a wide range of skills, from taxation and accounting to corporate finance and budgeting. They can help a company plan for future growth, manage financial risks and set realistic revenue and profit goals. They are also responsible for ensuring that the company follows all regulatory and accounting standards like Sarbanes-Oxley, IFRS, and Generally Accepted Accounting Principles. They may also have to communicate these to the company’s investors and shareholders.Getting to be a CFO takes time, commitment and specialized skill sets. Most people who are serious about the career path pursue graduate studies or professional certification. A Master of Business Administration (MBA) with a concentration in accounting/finance or a Master's of Science in Finance (MSF) can give you the extra study time and networking opportunities needed to become a high-level finance manager.Many CFOs come from the world of auditing and have spent several years with one of the Big Four accounting firms, such as Deloitte, KPMG, PwC and EY. This experience allows them to understand the nuances of the industry and can help them work through complex problems.Other than having extensive experience as a senior accountant, aspiring CFOs often find that working in the Treasury department of a large corporation can be helpful in their journey to becoming a CFO. This role is responsible for a variety of tasks, including handling financial investments, managing interest rate risk and commodity risk, financial investment consulting, banking contacts and corporate cash management. It is a highly respected position that can teach a future CFO a lot about a company’s operations and how to make strategic decisions based on a deep understanding of the numbers.A key difference between a CFO and a CPA is that the latter looks towards the immediate tax strategy for the company while the former is looking much farther forward and how to meet the strategic goals of the company. A CFO Accountant needs to be able to take the long view, which is not an easy task as they have numerous responsibilities.As the financial landscape becomes increasingly complicated, it’s important for companies to have a diverse team of professionals at their disposal. This includes accountants with a CFO-to-be mindset, who can be a strong voice in the executive boardroom and help to support a robust financial vision that will drive the organization toward success. https://g.co/kgs/5kxXSo Those who don’t want to wait for a promotion or don’t have the right credentials to become a CFO can start gaining actual CFO experience by opening up a Virtual CFO practice. This new field for qualified accountants offers location independence, the same title and responsibilities of a traditional executive and can be a great way to gain invaluable credentials and accelerate your career path.