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Financial Statements for Startups

Jump-start the audit process

Thinking about your first audit under AICPA guidelines? Our template, which provides an illustrative financial statement example, can help you prepare.

Get a head start on drafting financial statements

Deloitte’s Audit & Assurance business has designed Financial Statements for Startups, an illustrative template that provides a starting point for CFOs, controllers, and others on accounting and finance teams who are tasked with preparing annual financial statements. It’s ideal for companies that are getting ready for their first financial statement audit under AICPA guidelines.

As you prepare for your audit, we invite you to learn more about our Emerging Growth Company (EGC) business and services for high-growth companies considering an IPO.

For the latest accounting guidance, our Roadmap Series offers information on selected topics of broad interest to the financial reporting community. For information on our other offerings and services for emerging growth companies on their way to an IPO, please contact Heather Gates, Audit & Assurance managing director and national Emerging Growth Company business leader.

The impacts of the 2019 novel coronavirus (COVID-19) on auditing, accounting, and disclosure continue to evolve rapidly. These example financial statements do not contemplate impacts of COVID-19. Entities should consider the relevant facts and circumstances and provide additional disclosure as necessary. More information on COVID-19 can be found here: Combating COVID-19 with resilience.

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Heather Gates

Heather Gates

Audit & Assurance Private Growth Leader

Heather Gates is a managing director with Deloitte & Touche LLP and has more than 30 years of experience working in the startup and private company space, including 18 years at Deloitte. She serves as... More

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