FinOps . GAAP financial reporting

GAAP financial reporting managed by your CFO, from first close to full audit readiness

Your dedicated CFO and controller manage the full reporting cycle:accrual-basis financials, variance analysis, and supporting schedules prepared, reviewed, and delivered every month

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GAAP compliant
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CPA-reviewed
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Prior-period comparisons included
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Footnote disclosures prepared
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Audit-ready documentation

Day 8

Monthly reporting package delivered

100%

GAAP-compliant financials across all clients

0

Financial restatements filed

48 hrs

Board pack delivered before every meeting

What we handle

The accounting work behind every monthly close

CORE DELIVERABLES

Accrual-basis three-statement accounting

Cash-basis books fall apart the moment an investor opens them. We run your income statement, balance sheet, and cash flow on full accrual, built to hold up in a data room.

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01

Revenue recognition under ASC 606
ASC 606

Revenue recognition under ASC 606

Revenue booked the wrong way distorts every metric a SaaS investor checks. We recognize it over the service period, maintain deferred revenue schedules, and handle contract modifications inside the standard close.

02

Budget-versus-actual variance work
CFO-Prepared

Budget-versus-actual variance work

A board that can't see why the numbers moved asks harder questions. Your CFO traces every material movement back to the decision or event that drove it.

03

Equity compensation accounting under ASC 718
ASC 718

Equity compensation accounting under ASC 718

Untracked option expense becomes an audit problem when you can least afford one. We calculate stock option expense, track vesting, and record grant-date fair value each period.

04

Audit-ready reconciliation
Continuous

Audit-ready reconciliation

Most startups learn their books aren't audit-ready the week the audit starts. We reconcile prepaids, accruals, the fixed asset register, and intercompany balances every month, so nothing waits for year-end.

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What you receive

The package that reaches you each month, ready to send on

GAAP financial statements

A formatted statement set with monthly, year-to-date, and prior-period views. You forward it to any investor without reformatting a thing.

A written CFO variance memo

The story behind the numbers, in plain language. Your board reads it before the meeting instead of decoding a spreadsheet during it.

Cash position and runway model

A 13-week cash forecast with burn trends, runway projection, and scenario views. You see how long your current path lasts, refreshed every month.

Quarterly audit and diligence file

One file your auditor opens and works from, current to the month. When diligence starts, you send it instead of building it.

GAAP financial statements

The standard

Five reporting standards behind every managed engagement

Three-layer review

Three-layer review

Your AI engine, controller, and CFO each review every package before delivery

Single source of truth

Single source of truth

Your business operates from one authoritative financial package each month

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GAAP compliance from month one

ASC 606 and ASC 718 are applied from your first engagement month

Full audit trail

Full audit trail

Every adjustment is documented and traceable to its source transaction

24-hour stakeholder delivery

24-hour stakeholder delivery

Your complete financial package is delivered within one business day of any request

The progression

The first 90 days that change how your business sees its own numbers

Foundation

Foundation

Cash-to-accrual transition completed across all accounts within 2 weeks

AI processes 3-6 months of historical transactions for GAAP-compliant restatement

ASC 606 revenue recognition framework calibrated to your billing model

First three-statement GAAP package delivered with prior-period comparisons

Depth

Depth

ASC 718 equity compensation backdated across all outstanding option grants

Footnote disclosures drafted and maintained alongside your financial statements

Variance analysis operational with written CFO commentary on every material movement

Departmental P&L breakdowns calibrated to your organizational structure

Full operation

Full operation

All supporting schedules reconciled and documented on a rolling monthly basis

Prior-period comparisons running across 3+ consecutive reporting periods

Complete GAAP package reproducible on demand from existing documentation

Three-layer review (AI, controller, CFO) running on a locked monthly cadence

Still have questions?
Everything you need to know about managed financial reporting
When should we switch from cash-basis to accrual?
Most startups should transition to accrual accounting before their first institutional raise, ideally while transaction volume is still manageable enough for a clean conversion
How long does it take to become GAAP compliant?
Most engagements reach full compliance within 90 days, with the first accrual-basis financial package delivered within the first month
What is the difference between bookkeeping and GAAP financial reporting?
Bookkeeping records and categorizes your transactions, while GAAP reporting produces accrual-basis financial statements with revenue recognition, equity accounting, and supporting documentation that meets compliance standards
What happens when we need our first audit?
Your documentation is maintained to audit-ready standards from engagement start, and your CFO coordinates directly with auditors when the time comes
How is SaaS revenue recognized under GAAP?
Subscription revenue is recognized over the service period under ASC 606, and your CFO configures the treatment to match your specific billing structure from the first close cycle
Do we need GAAP-compliant financials before raising our next round?
Institutional investors expect accrual-basis financials during diligence, and having them in place before the process begins removes a common source of delay
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Reporting infrastructure compounds. The earlier you build it, the less it costs you later

Tell us where your reporting stands today and we will show you what the first 90 days look like