Comparing and Contrasting Roles

Comparing and Contrasting Roles

Outsourced CFO

  • Business accelerator -Improve profits, liquidity and stability by driving performance.
  • Internally focused on implementing sound financial management practices and takes into account tax strategies.
  • Responsible for the accuracy of transaction accounting and financial reports
  • Takes over the banking relationship
  • Does short and long term planning and implementation
  • Be diagnostic about action the firm should take and implements changes.
  • Prepares financials and liaises with the CPA to prepare taxes and financials for outside authorities.
  • Emphasizes business strategy, organizational management and management accounting.


  • Business advisor -primarily focused on aligning a business to be tax advantaged.
  • Can develop financial management practices, but usually will not implement.
  • Receives financials. Cannot actively work, as a CPA cannot audit or attest their own work.
  • Can do this and represent the firm.
  • Provides business advice and can do planning
  • Can be diagnostic but usually cannot implement changes needed.
  • CPA workload is reduced when they receive draft financials and are able to interact with the CFO.
  • Focuses on financial accounting and reporting, auditing and taxation.

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Picture of Mohamed Noohu

Mohamed Noohu

MSNCFO founder Mohamed Noohu has over 25 years of varied work experience as Controller, CFO, and business owner. His background reflects diverse industries, company sizes and stages of growth, including very large, well-established multi-nationals in the oil services, logistics, transportation and Insurance industries, mid-sized companies in electronics distribution, and several start-up companies.


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MSNCFO Work Experience

MSNCFO provides many opportunities to intermediate accounting students. Throughout my 3.5 years of working with the company, I was able to improve my existing skills,

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