How to Evaluate Your Accountant or Bookkeeper

Red Flags in Your Current Provider

• Books are consistently more than 30 days behind month-end — this means you are making decisions based on stale data and are not fundraise-ready.
• Financials are prepared on cash-basis only with no accrual adjustments — this is inadequate for any startup planning to raise institutional capital.
• Bank accounts and credit cards are not reconciled monthly — unreconciled accounts accumulate errors that become exponentially harder to fix over time.
• Your accountant is unfamiliar with startup-specific items like deferred revenue, stock-based compensation, convertible notes, or SAFEs.