Funded startup CPA

CPA for Funded Startups

Post-raise accounting, 409A coordination, board reporting, and fractional CFO support — what a venture-backed startup needs from seed through Series B.

What you get

Built for the post-raise reality

Audit-ready close

10-day monthly close with reconciled equity, revenue, and cash — built for first audit.

Board reporting

Monthly board pack: P&L, balance sheet, cash, KPIs, burn, runway, and narrative.

Forecast + scenarios

Driver-based forecast tied to bookings, hiring, and runway scenarios investors edit live.

Cap table & 409A

Carta reconciled to issued securities, 409A coordination, and equity-expense booking.

Scope

Funded-startup CPA topics

  • Re-implementing books on full accrual GAAP after the raise
  • Cap table reconciliation: Carta / Pulley vs. issued securities and stock ledger
  • 409A valuation coordination and equity-comp expense (ASC 718)
  • Federal Form 1120 + state income tax in every nexus state
  • Delaware franchise tax (assumed-par method)
  • R&D tax credit study, Form 6765, and Form 8974 payroll-tax offset
  • Sales-tax registration plan and ongoing filings
  • Monthly board pack and investor reporting
  • Fractional CFO: forecast, hiring plan, pricing analysis, fundraising prep
  • Audit prep for Series B (PCAOB or AICPA standards as required)

FAQ

Funded startup CPA questions

When does a funded startup need a different CPA than a pre-seed one?+

Once you close a priced round, you need audit-leaning books, full ASC 606 + ASC 718 compliance, cap-table reconciliation, and board reporting. Most pre-seed bookkeepers can't deliver that on a 10-day close.

Do funded startups need an audit?+

Most don't until Series B or until a lender or customer requires one. But seed and Series A books should be kept audit-ready so the first audit doesn't surface a year of restatements.

What is ASC 718 equity-comp expense?+

The GAAP standard for recording stock-based compensation — grants are fair-valued at grant date and expensed over the vesting period. A funded-startup CPA pulls grants from Carta and posts the expense monthly.

Do I need a fractional CFO if I have a CPA?+

A CPA handles compliance and close. A fractional CFO handles forecast, pricing, hiring plans, and the fundraising narrative. Many funded startups bundle both, especially in the 6 months before a Series A or B raise.

How fast should my monthly close be?+

Funded startups should close in 10 business days. Anything slower means the board pack is stale by the time it's reviewed and investors lose confidence in the numbers.

Can you coordinate with our lead investor's reporting requirements?+

Yes. Most leads expect monthly P&L, balance sheet, cash, KPI dashboard, runway, and a short narrative. We package the same data set leads expect across the major venture funds.

Vetting checklist

Questions to ask a startup CPA

  1. 1
    How many venture-backed or high-growth startups do you currently work with?
  2. 2
    Do you handle R&D credit, §174 capitalization, and Delaware franchise tax in-house?
  3. 3
    What's your monthly close timeline, and what does the deliverable pack include?
  4. 4
    Can you support a future audit, 409A valuation, and equity comp accounting?
  5. 5
    How is pricing structured as we grow from pre-seed to Series A?

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Startup Accounting Checklist

The stage-by-stage finance setup founders use from incorporation through Series A — bookkeeping, payroll, tax, and reporting.

Download the Checklist