Startup Finance

What accounting documents do investors examine most closely in due diligence?

The balance sheet and income statement for the last three years, tax returns and payment receipts, movements on the shareholder current account, payroll records and social security filings, and — if the company is in a technopark — the exemption certificate together with the detail of how it has been applied.

Read the full article: A Funding Round Is Where Your Accounting Gets Examined: A Field Guide for Turkish Startups →