My first audit as CFO of the PICPA, however, has shown me that the view can be quite different from the other side of the table. Reflecting on this experience, I did find some surprises. Here are some things that I wish I had known; things that I think would have made me a better auditor.
In transitioning to the role of CFO of the PICPA, I’ve had to develop skills beyond the normal technical expertise of a CPA. Now, instead of focusing on the past through historical financial reporting, I’m challenged to look ahead and use the financial data we have to inform strategy.