Please view video course description for more details.
This course provides the core set of tools and strategies related to the work of a Chief Financial Officer (CFO) at a private, entrepreneurial company as well as to the work of those who provide funding to the company, work for the company, or are founders of the company. The course follows the life-cycle of a company that begins as a start-up, and covers the accounting-related financial metrics, and the managerial, financial and tax accounting issues that are centrally important for an entrepreneur in the private firm environment.
We will cover topics relevant at the earliest stages of a business, such as setting up the initial accounting infrastructure, through to the company’s exit. The exit would typically be to a strategic buyer, a private equity firm or via an IPO, Direct Listing, or SPAC. The course will be of particular interest to those who may become start-up founders or key employees as well as to those who may invest in early stage firms.
Selected topics:
- Setting up the initial infrastructure for the information system used by a start-up, including tracking the equity capitalization (i.e., the capitalization table).
- Structuring and accounting for equity based employee compensation, for founders and employees.
- Reporting key performance indicators to the company, the board of directors and investors such as venture capital and private equity funds.
- Sale process, working capital adjustment, and roll-over equity for a management team.
- Accounting and applying for debt as a private company, such as bank debt, venture debt, and account receivable lines of credit.
- Accounting information required for a fundraising process.
Summer 2024 Dates: 8/12, 8/13, 8/15, 8/16, 8/17
