Accounting for Startups


Accounting or accountancy is the measurement, processing and communication of financial information about economic entities.[1][2]

Accounting, which has been called the “language of business”,[4] measures the results of an organization’s economic activities and conveys this information to a variety of users including investorscreditorsmanagement, and regulators.[5]

Practitioners of accounting are known as accountants. The terms accounting and financial reporting are often used as synonyms.

Accounting can be divided into several fields including financial accountingmanagement accountingauditing, and tax accounting.[6]

Accounting information systems are designed to support accounting functions and related activities. Financial accounting focuses on the reporting of an organization’s financial information, including the preparation of financial statements, to external users of the information, such as investorsregulators and suppliers;[7] and management accounting focuses on the measurement, analysis and reporting of information for internal use by management.[1][7]

The recording of financial transactions, so that summaries of the financials may be presented in financial reports, is known as bookkeeping, of which double-entry bookkeeping is the most common system.[8]

Accounting is facilitated by accounting organizations such as standard-setters, accounting firms and professional bodiesFinancial statements are usually audited by accounting firms.

Extracted from Wikipedia

Everything you need to learn the basics of Accounting for Startups


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Accounting is one of the most important aspects of business, after all, we are in business to generate a profit, and the practise of accounting helps us realise where our business is and how it is performing.

Steve Begg – Founder & CEO of Start Up Alliance




One of the best ways to learn how to do something is to copy or emulate someone who has already done it and done it well. The interviews within Startup Alliance are with people who have got a good handle on their Accounting of their business or they have done a terrible job, and both are as valuable as each other.

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Where possible we provide training courses on particular topics. These are usually video based and may actually be an interview with an expert that e have converted into a training module. All training modules come with an audio file, a workbook and any supplementary information, all of which can be downloaded to help your learning.

We are adding to the following library every week, so please make sure you check back regularly.

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