Biotechnology companies are part of a new generation of companies that presents a financial profile profoundly different from traditional "bricks and mortar" enterprises. The Accounting Group understands that raising enough money to survive is incredibly challenging, and for investors supporting these companies, the timing of profitability is a critical consideration in their investment decision. The Accounting Group can provide you with the accounting and financial management team that is essential for success in your industry. Users of financial statements should be able to look across periods and evaluate a company's performance over time, to see and be able to evaluate trends and significant new developments in its financial situation. The rapid changes in the biotechnology industry have created new situations where traditional accounting principles no longer can be relied upon to provide accurate, transparent, public disclosure.

Association involvement:

  • MIT Business Forum

  • San Diego Venture Group

  • UCSD Connect

  • San Diego Chamber of Commerce

  • Biocom San Diego

  • San Diego Telecom Council

  • San Diego County Taxpayers Association

    Services:

    CFO While You Grow
  • Budgeting, Planning & Forecasting
  • Business Plan Development
  • Cash Flow Projections
  • Due Diligence and Business Valuations
  • Ongoing Review and Implementation of Proven Policies and Procedures
  • SEC Reporting
  • System Conversions
  • Venture Capital and Private Placement Offering Assistance
  • Accounting Department management and training

    Rent A Controller
  • Audit Prep for outside CPA
  • Bank reconciliations
  • General Ledger, Inventory and fixed asset management
  • Insurance and Banking placement, management and evaluation
  • Inventory Management
  • Manage Year-end audits
  • Monthly Financial Reporting on a timely basis
  • Software System Conversion and training
  • Vendor negotiations

    Accounting Manager/Bookkeeper
  • Accounts Payable
  • Accounts Receivable
  • Payroll
  • Collections
  • Data entry

    Project Resouces
  • System Conversions
  • Short and long term project management
  • Peak season and leave of absence
  • Software training
  • Due diligence for Acquisition
  • Inventory projects
  • Vendor negotiations
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