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Financial accounting

lastmod 2024-05-20created 2020-05-158 edits

Financial accounting (financial accountancy) is a branch of accounting: the process of measuring information such as a company's financial position and operating results in order to provide financial information to the company's external stakeholders, such as shareholders, creditors, and the government. This financial information is provided in the form of financial statements, and a certain standard is needed to provide objective accounting information to the many stakeholders outside the company; Generally Accepted Accounting Principles (GAAP) serve as that standard and are usually set by government or private bodies in each country.

12 startup financial models compared

A comparison of Financial Modeling templates for SaaS startups. Evaluated on 40 items, including financial statements, analysis capability, revenue model, cost model, and additional features, then recommended separately for paid and free.

  • #1 - "FISY Innovation Plan"
  • #2 - "SaaS Financial Plan 2.0"
  • #3 - "SaaS Financial Model"
  • #4 - "Standard SaaS Financial Plan for Startups and SMBs"
  • #5 - "SaaS Startup Kit"
  • #6 - "SaaS Financial Model"
  • #7 - "SaaS: SME & Users"
  • #8 - "SaaS: Enterprise, SME & Users"
  • #9 - "EY Finance navigator"
  • #10 - "Liveplan"
  • #11 - "Summit"
  • #12 - "Causal"

Results:

  • Free: #4 and #2 recommended
  • Paid: #6 and #7/#8 recommended
  • Forward-looking tools: #11 Summit and #12 Causal recommended

See also

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author Zer0 sitemap