Accounting, Tax & Finance 101 for Startups
If you're post-launch, and starting to see revenue flow in — congratulations, you have the beginnings of a real business! One thing often overlooked by first-time founders is the importance of proper accounting, tax, and finance practices. To help, we've teamed up with Puzzle to lead a 101 session covering the basics.
Key Topics Covered:
The key financial statements: what they are, what they mean, and what they show
The essential ledger accounts: what they are, how they're typically used, and how they flow through to the financial statements
The two accounting methods founders have: cash basis and accrual basis
Tips for getting your finances and accounting right the first time, and the common pitfalls to avoid
Who Should Attend:
Bootstrapped startups & pre-seed startups
First-time founders & finance managers
Your Hosts:
Arc diversifies startup deposits with up to 100% coverage across multiple FDIC, SIPC and government-backed accounts, while allowing companies to earn up to 5.20% APY. Coverage includes $250K FDIC insurance on checking and savings accounts, $500K SIPC insurance on Money Market Funds & & $5M FDIC Insurance with BNY Mellon Pershing.
Puzzle is a modern accounting software designed for startups, including automated financials, insights, accruals & advice - all in one. The company works with thousands of high-growth tech startups, has categorized $18B+ in transactions, and is backed by General Catalyst, Fog Ventures, and over 150+ individual angels.