SaaS Audit Readiness: Your First Financial Audit
Written by Nirmala Murugesan
Curated by Rubric Financial
Last updated
1 / 5
When You Actually Need an Audit
- Most startups need an audit at Series B or later, when a lead investor, lender, or acquirer requires one.
- Know the ladder: a compilation is lowest assurance, a review is limited, an audit is full assurance.
- Do not buy more assurance than the situation demands, since cost rises steeply.
- Waiting until it is required, with messy books, turns a manageable project into a scramble.
Go deeper on this topic: SaaS Audit Readiness: Preparing for Your First Financial Audit→
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About the author
Nirmala MurugesanCA, CPAPartner, Accounting
CA and CPA with 20+ years across U.S. GAAP, IFRS, and cross-border entity accounting. Leads accounting and controllership at StartupCFO: clean close, audit-ready books, and multi-entity structures for venture-backed startups.
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