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Setting Up Your Accounting System

Dick and Jane had limited formal business accounting experience, but they both knew how to balance a checkbook. They reached out to their friend John, a CFO at a late-stage VC-backed company in Boston that was about to file an S-1 to go public. John took an hour out of his day to do a conference call with Dick and gave them advice on how to set up their accounting system. His advice included the following,

Brad Feld, Feld Thoughts

Full Story: http://www.businessinsider.com/setting-up-your-accounting-system-2011-8

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