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20 Feb 2012

The difference between accountants and corporate finance advisors

2 Comments

Who cares whether there is a difference between accountants and corporate finance advisors? Don’t they do the same job?

If you are selling your business or you are raising debt and equity finance then you will probably care. In short, “No”.

A corporate finance advisor does this for your wealth and your business:

Whereas, an accountant uses historical information and can only do this:

Who do you think will maximise your wealth, increases your business valuation and prevent unnecessary shareholding dilution?

Who would you prefer to have on your team to negotiate the optimal deal terms?

Morgan Cradock is a firm of Corporate Finance Advisors. You can also read our success stories by clicking here – http://www.morgancradock.com/success-stories/

 

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About the Author


Michael is a corporate finance advisor with a chartered accountant and management consulting background having worked for both KPMG and PricewaterhouseCoopers. Michael is an owner of Morgan Cradock and part-owner in two startup companies and one property fund.

2 Responses to The difference between accountants and corporate finance advisors
  1. Whilst you make a solid point, there are also accountants and accountants – too often the same brush is applied to all. At Maitland Partners we are proud to be a member of the Proactive Accountants Network or PAN. We actively look forward to assist our clients in 8 key areas. Yes accounting by its nature will always have a historical component. It is what you do with that information and then add to in terms of projections, cashflow management, what if analysis etc that sets us (good accountants) apart.

  2. Thanks David. And you are right. PAN members in Australia are clearly in a different category to generalist accountants :)


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