Startup Accounting
Making sense of managing and communicating early-stage finances
Don’t let finances hold you back...
Not all startup founders are accountants or CFOs. And with an already constrained time schedule, it’s easy for control over finances to slip away.
Learning the basics, and asking for the right kind help when things go sideways, will go a long way in allowing you to make strategic decisions as time goes on.
“Don’t ever let your business get ahead of the financial side of your business…Accounting, accounting, accounting. Know your numbers.”
Tilman J. Fertitta
Chairman and CEO, Landry’s Inc.
Knowledge You Will Gain
Learn actionable advice from experienced entrepreneurs and finance professionals on what early-stage startups should consider when setting up and preparing to raise capital.
Company formation and structure
Understanding which method of incorporation is best for your situation and future plans.
Cashflow management & planning
How should startups manage before having an in-house finance team?
What should be ready before a funding round (from an accounting perspective)
Be prepared for due diligence and the questions testing if you know your numbers.
An Interactive & Immersive Schedule
This Masterclass will cover the following topics:
1. Kick-Off - (09:00 - 09:10)
Welcome & Introductions
Why You Shouldn’t Delegate Cashflow
2. Company Formation - (09:10 - 09:45)
Irish Limited vs Delaware C Corp
Financial Records and Cashflow
Interactive Discussion with Breakout Groups
3. Accounting Best Practices - (09:45 - 10:55)
10 Basics Every Startup Needs to Know
Preparing for Investor Due Diligence
Expert Panel Discussion
Interactive Discussion with Breakout Groups
4. Actions & Wrap - (10:55 - 11:00)
Next Steps & Resources
Course Details
When is it: To be announced
Time Commitment: 2 hours (includes breaks)
Format: Fully virtual session
How to Prepare: Download/update the Zoom desktop app, make sure your video and audio are clear, have a stable internet connection
Description: In this course we will share a basic understanding of critical early-stage startup financial monitoring and reporting so you can better support or evaluate founders. From first incorporating as a company through to your first funding round and what you should have prepared, this Masterclass will contextualise meaningful company performance measurements and share examples of how they can be leveraged or used to your detriment if not managed correctly.