Finding the right accountant for your startup can be especially challenging if you don't know the right questions to ask. As someone who has worked with hundreds of startups, here
One of the most challenging areas of startup accounting is the equity section of the balance sheet. The equity section is where you track the financial transactions related to all
A recurring trait among accomplished founders is their thoughtful strategy in building a strong financial tech stack. As we'll explore, the realm of accounting, people operations, and tax services involves
When it comes to bookkeeping and accounting, there are a lot of terms that get thrown around. "Accounts payable" and "accounts receivable" are two such terms. But what do they
Get to Know The Team Baixue Ma, Tax Lead At airCFO, we celebrate our people. We want to share their experiences and a little of their personal side with the world! We
Get to Know The Team Cynthia Swatt, Accounting Manager At airCFO, we celebrate our people. We want to share their experiences and a little of their personal side with the world! We
Written by Kayle Paustian, Financial Advisory Manager, airCFO. As your startup grows, you’re constantly working to optimize the levers of your business tied to cash flow and burn rate. Many of
Written By Alexandra Jumper, Director of Accounting, airCFO. How much revenue did your business really earn this month? How do you record sale transactions under a subscription model or as a
As every startup matures, their profits and liabilities change. With engineering and technology needs, office space and talent, founders need a financial measurement to show their dedication to financial responsibility
As every startup grows, many aspects of their business changes. Acquiring the right space, the right talent, and the right partners are often top of mind. Still, one of the
Startups track a lot of data as they begin to grow. From revenues to key performance indicators, net promoter scores and churn rate, these are all important factors to a
No one should put themselves in a situation where they absolutely depend on getting this money back in any way, but if you plan carefully, you might be able to recover some of your expenses over time. Startup costs amortization is one of the ways to do so, and while it can be complex when it comes to taxes and planning, the basic idea is easy to understand.
If you're startup in the SaaS space, then you probably know the benefits of cloud based accounting software. If you aren't, you might want to switch anyway.
Startups are ambitious by nature, but you need a strong foundation. This is where understanding the fundamentals of accounting for startups comes into play.
A founder’s budget is often limited. When you’re laying the foundation of a business, you’re relying on your financial investments to carry you into a revenue-generating future. What do you need to know about hiring a startup CFO?
The responsibilities of financial management fall to a number of different parties affiliated with your business. One of these parties includes the FP&A, or Financial Planning and Analysis teams that help create a financial foundation.
Businesses large and small are built on ideas, but ideas alone can't sustain them. Instead, systems like GAAP – generally accepted accounting practices – create the architecture on which a business’s dreams can rest.
There pros and cons to consider when choosing between a part-time CFO or outsourced CFO. Weigh these factors when deciding which is right for your business.
Accountant responsibilities tend to put more distance between them and your growing startup. To better understand the role of an accountant, start here.
There are four types of financial statements that provide valuable insight into your businesses. Here are examples of how each can help achieve your goals.
Business owners and stakeholders need to be financially-savvy. By avoiding the following accounting problems, your startup stands a much better chance of becoming more than just another statistic.