Accounting companies servicing the biotechnology industry can manage the tough projects to enhance your in-house accounting department. Accounting firms servicing the biotech industry can put their expertise to bear on your business with technical skills that accountants servicing the biotech industry know best. They can be fee-based or held on retainer.

CPA firms for biotech companies typically see other kinds of clients as well, giving you an edge in global competition for research and development dollars. A CPA for biotech companies can help you define your needs and plan your future. CPAs and firms specializing in the biotechnology industry can step in at tax time and when other internal departments get bogged down. CPA firms for biotechnology companies can bring a wide variety of services to the table.

1. Accountants servicing the biotech industry can set up your accounting and financing systems

2. An accounting company servicing the biotech industry will prepare grant applications and find investors

3. A thorough financial analysis from biotech industry CPAs keeps you on track

Action Steps
The best contacts and resources to help you get it done

Start off properly with an accounting firm servicing the biotechnology industry

Rather than wait until you are growing and bringing in more jobs and more employees to learn where your accounting systems are flawed, use an accounting firm servicing the biotech industry to set up the processes that will be able to grow with you. In the first stages of starting your new company, an accounting firm servicing the biotech industry will build your financial systems so that you can focus on your core business.

I recommend: Deloitte LLC has a division that deals specifically with emerging and early-stage life sciences companies. They are a global accounting company servicing the biotech industry, with divisions in other industries they can call on if there is any overlap. Rose Financial is one of the accounting companies servicing the biotech industry that brings a wealth of ideas for running your financial smoothly.

Grab the attention of qualified investors with a grant written by a CPA for biotech companies

Accounting firms servicing the biotech industry not only can write the grants, but they also have many of the connections you need fro funding your projects. Tap into the contacts as well as the expertise that an accounting firm servicing the biotech industry can bring to the table.

I recommend: Ernst & Young is a global leader in finding funding for the biotech industry and many others. Finistere Partners is another global accounting company servicing the biotech industry, renowned primarily in agricultural biotechnology.

Bring in biotech industry CPAs when you are dealing with an audit

Whether you are facing an IRS audit, or need to clean up your financial systems for new investors, CPA firms for biotechnology companies can look at your books with a fresh perspective and guide you through the processes. They have probably seen what to you is a new and insolvable problem. Let CPA firms for biotechnology companies assist your in-house accountants when they get jammed up too.

I recommend: Wolf and Company have wide experience as an accounting firm servicing the biotechnology industry and can scour your books to find any holes or glitches that need correction. KPMG is giant in the tax an auditing field. Ask for a CPA for biotech companies, as they staff thousands with various specialties.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  When interviewing CPA firms for biotech companies, let the CPAs who will be working directly with your staff spend a little time with the employees before you ink the deal. You want to make sure they fit in with your corporate culture and that personalities will not be clashing in your internal financing department.