There is also some worry that multiple people within the same division could be sick for weeks. A CFO and her three top lieutenants, for instance, may have all been exposed to the coronavirus at the same time. “If the depth chart isn’t strong enough, the organization’s public accounting firm may need to provide an ‘interim’ CFO,” said Alan Guarino, vice chair of Korn Ferry’s board and CEO services practice.
There is also some worry that multiple people within the same division could be sick for weeks. A CFO and her three top lieutenants, for instance, may have all been exposed to the coronavirus at the same time. “If the depth chart isn’t strong enough, the organization’s public accounting firm may need to provide an ‘interim’ CFO,” said Alan Guarino, vice chair of Korn Ferry’s board and CEO services practice. That relationship brings its own wrinkle, he said, since the corporation, assuming it is public, has an obligation to be audited by an independent accountant. The company may need to hire a different accounting firm to ensure that independence.