Audit vs. Tax
This type of accountant focuses on examining financials for compliance and accuracy.
What is an Auditor?
Preferred minimum level of experience for strong candidates.
What is Senior Associate or Accounting Manager?
** DOUBLE JEOPARDY **
NOW CFO bills clients at four levels—name 2 out of the four.
What is Accounting Manager / Controller / CFO / Partner?
The Big 4 refers to how many firms?
What is 4?
A “Controller” at a small company may actually align with this level.
What is Accounting Manager?
This type of accountant focuses on preparing and filing returns.
What is a Tax Accountant?
Ideal background: corporate accounting OR this.
What is public accounting?
This role performs day-to-day work and month-end close.
What is Accounting Manager?
** DOUBLE JEOPARDY **
Name all the Big 4 firms.
What is Deloitte, EY (Ernst & Young), PwC (PricewaterhouseCoopers), and KPMG?
A candidate titled “CFO” but doing day-to-day work may align with this.
What is Controller?
True or False: A tax background automatically disqualifies a candidate at NOW CFO.
What is False?
Corporate candidates are stronger if they have this type of experience.
What is multi-entity or multi-industry experience?
This role develops processes and oversees accounting operations.
What is Controller?
One key strength Big 4 candidates bring.
What is strong technical skills (or client exposure, work ethic)?
True or False: Titles always reflect actual experience.
What is False?
** DOUBLE JEOPARDY **
This type of tax professional is usually too specialized for consulting roles.
What is an Enrolled Agent (EA)?
** DOUBLE JEOPARDY **
This title is highly desirable due to managing teams and projects.
What is Audit Manager?
This role sets strategy and advises executive leadership.
What is CFO?
Auditors are often motivated to leave public accounting due to this.
What is burnout / long hours?
A tax CPA can still be a strong candidate if they have this.
What is broad technical and multi-industry experience?
Why does NOW CFO prefer candidates with auditing backgrounds?
What is their work experience is very similar to NOW CFO consultants?
These candidates are highly sought after due to strong technical and client exposure.
What is Big 4 experience?
** DOUBLE JEOPARDY **
Which of the following is NOT a billing level on a NOW CFO engagement letter?
What is Accounting Specialist?
NOW CFO appeals to auditors by offering this benefit.
What is 40-hour work week or Hybrid schedule?
** DOUBLE JEOPARDY **
NOW CFO no longer hires this level domestically.
What is Staff Accountant?