What are the benefits of a Fractional Chartered Professional Accountant (CPA)?

A Fractional CPA, whether a Fractional CFO or Fractional Controller, gives your business financial leadership without the cost of a full-time role.

Benefits include:

• Flexibility: Scale services up or down as needed. No payroll, severance, or employment liabilities.

• Seasoned Expertise: Leverage the insights of a senior CPA who can guide you through critical financial decisions with confidence.

• Strategic clarity: Build financial models, forecasts, and budgets that guide growth decisions.

• Cash flow control: Identify cash burn drivers, improve working capital, and support funding readiness.

• Profitability insight: Analyze margins, pricing, and cost structure to improve efficiency.

• Investor and bank credibility: Deliver professional reporting, strengthen financial narratives, and manage due diligence.

• Systems and process improvement: Optimize accounting, reporting, and automation tools for better visibility and control.

• Leadership: Strengthen financial discipline and accountability across the organization through experienced oversight and guidance.

Can I use AI instead of a CPA?

We use AI daily and understand both its strengths and limits.

AI can automate certain tasks, but it cannot replace a CPA’s judgment, strategic insight, or accountability. AI is not accountable to you, we are.

AI is a tool your CPA uses, not a substitute for one. Use AI to automate tasks. Use a CPA to take responsibility for the result. Together, they deliver speed with accountability.

Are there any industries CFgO is not comfortable working in?

Very few. Our team has experience in CPG, manufacturing, retail, wholesale, high-tech, SaaS, biotech, agriculture, engineering, professional services, marketing, and more.

What stage in a business should a Fractional CFO or Fractional Controller be considered?

An experienced CPA adds value at any stage, but typically:

• Businesses with over $10M in revenue benefit from a Fractional CFO.

• Business that are raising capital and expect to scale fast should consider a Fractional CFO from day 1.

• Businesses with over $5M in revenue should consider adding a Controller.

• A full-time CFO is generally appropriate once revenue exceeds $30M.

Can CFgO help me raise capital?

Yes. The first step is ensuring your company is investment-ready (e.g. structure, financial model, processes, and pitch deck).

Once the foundation is solid, we help pitch to banks or investors, including contacts within our network.

Do you work with my existing accountant or bookkeeper?

Yes. We collaborate with your current bookkeeping or accounting team. While CFgO is not a bookkeeping firm, we can recommend qualified providers if needed.

Do you provide virtual or on-site CFO services?

We serve clients across Canada and the United States. Engagements can be fully virtual or include on-site support as needed.

How does your fees typically work?

Fees are hourly or fixed-fee, billed bi-weekly or monthly. We tailor the structure to your business size, complexity, and engagement scope.