Some describe accounting as “the medicine of commerce,” given that a business’s survival depends on its financial health. Following that analogy, Jennifer Teoh’s role as a complex accounting expert is akin to a surgeon – a specialist who comes in to tackle complex accounting and financial reporting issues by digging deep into the nature of unique or unusual transactions.
Part of Teoh’s role also includes leading teams that advise clients on acquisitions, explaining the accounting implications of various terms and conditions that help purchasers understand how they should structure and negotiate their deals based on their desired financial outcomes.
Teoh also counts several federal Crown corporations as clients. These organizations are required to report under profit-oriented accounting standards, which gives rise to many complex issues since these standards don’t always address the unique transactions they engage in as public-sector organizations.
Outside of work, Teoh has applied her finance and accounting expertise to volunteer roles as Ethiopiad Canada’s finance committee chair and past-interim treasurer of Harmony House, as well as serving Options Bytown as a member of its board and finance committee.