Details.
Comprehensive financial due diligence led by startup CFOs and supported by a bookkeeping, tax, and accounting team. The engagement includes reviewing provided information, interviewing key company executives, and producing a written report on the prospective portfolio company followed by a review meeting with the venture capital firm or investor group. Engagements typically last 2 to 3 weeks depending on scope. Includes quality of earnings analysis, review of historical financial records, accounting practices and financial systems, assessment of financial projections and metrics against total addressable market, cap table review, review of material contracts and agreements, financial controls assessment, finance and accounting team assessment, review of HR practices including current payroll and benefits, review of corporate records, and review of tax records.