Fast, Affordable Crowdfunding Financial Statement Review

Your search for a crowdfunding CPA is over. My company has dedicated itself to helping you get a financial statement review quickly and affordably. The reality of the crowdfund world is that good accountants are hard to find. That’s where we come in.

No matter the platform, (StartEngine, Crowdfunder, SeedInvest, etc.) we are your Crowdfund CPA. Our knowledge of reviewed financial statements is vast. We help a variety of industries from e-commerce to application platforms.

Whether you are doing a Regulation A+ (JOBS Act Title IV), or a Regulation CF (JOBS Act Title III), we will make the experience easy on you mentally and monetarily. Read on to learn about our company, the financial statement review process and a list of Q & A’s.

Dorothy Wise
Dorothy Wise
19:19 02 Jun 22
We've worked with Ernie for several years now. Very... responsive and thorough. Glad we found him. 🙂read more
Coach B Bode
Coach B Bode
02:07 02 Jun 22
Ernie Tomkiewicz performed with highest marks! This tax... season was a mess for me, a single guy who moved from MA to NH to attend grad school in my 50s. I had multiple addresses, and a few W2 forms with sporadic income. Ernie replied to my email inquiry within 24 hours, and communicated clearly what I could provide to tackle my 2021 taxes. I have had a fantastic experience with Ernie, and candidly I am very grateful to him for his outstanding services. I am sure to work with him in 2022-23. Thanks Ernie!read more
Glen Qin
Glen Qin
16:34 24 May 22
I contacted Ernest for audit financial statements after I... saw his comments on the website, the financial statements should be a pleasant process. I talked with Ernest and felt very good about his service. Therefore, I decided to work with Ernest. Indeed the process of working with Ernest was a very pleasant, and we would like to continue using his more
Kiri Jarvis
Kiri Jarvis
11:39 04 Mar 22
Ernie was wonderful to work with! He was responsive and so... helpful- filing taxes has never been easier!! Reasonably priced as well. I'm looking forward to working with him again next year!!read more
Lisa McGuire
Lisa McGuire
19:05 08 Mar 20
Thanks for the help with my taxes. I'll be in touch next... year.Best,Lisa McGuireread more
Bob Noyes
Bob Noyes
19:14 02 Mar 20
We had such a fabulous experience with Ernie. He was... knowledgeable, professional and a pleasure to work with! He resolved all our tax problems and was an absolute breath of fresh air. Would I recommend him? Absolutely 100%Thanks so much! LNread more
Mary Jane Zhoung
Mary Jane Zhoung
23:27 21 Jun 19
I've found a CPA that focuses his energy on technology to... make things easy for me, not himself. He uses Skype, Dropbox and other apps to help me interact with ease. Thank more
Andrea Waltz
Andrea Waltz
21:27 14 Apr 19
This guy loves his job. And it made me more confident in... the work he was doing for my photography business. Bravoread more
Conrad Efraim
Conrad Efraim
00:17 18 Mar 19
You're an excellent accountant and new friend. Your help... rectifying old tax problems was invaluable. I can now sleep better at night without that stress hanging over my head.Thanks buddy,C. more
Brian Johnson
Brian Johnson
15:18 09 Mar 19
Ernie,Thanks for your detailed advice. I now have the best... business structure (S-corporation) for my needs. I look forward to working together to help my business stay ahead.Brianread more
Next Reviews

A Crowdfunding CPA and Accountant: National Reach with a Local Touch

We have been told our crowdfunding services have a welcoming touch. This is because we care about your needs and will keep you in the loop. It’s not unusual that CPAs you’ve experienced in the past are aloof and condescending. Sadly, it’s the nature of the personality it takes to become a high-level accountant.

However, I do not fit that mold, and this will help make you comfortable with the process. Your involvement in the financial statement review is a key to success. Whether you are in California, Florida, Alaska or New England, we’ll feel like neighbors working together.

Below are some common questions and answers that clients ask us about their crowdfunding financial statement review. And for a more in-depth analysis of what is involved in a review for a crowdfunding campaign, visit this Ultimate Guide to Crowdfunding Financial Statement Review.

Putting YOUR needs first!

Relaxed client atmosphere
Affordable pricing
Easy, convenient access

What is Equity Crowdfunding?

Equity crowdfunding uses a design similar to reward-based funding. Though instead of receiving perks and rewards, you receive a stake in the company. This can be via SAFEs, a percentage ownership or stock. You also have a right to future revenue in the organization.

Equity funding allows startups and other businesses to raise capital via established platforms. These online marketplaces allow investors to peruse a variety of businesses and determine the best investment for them. Once a business is found, the investor provides money, (usually a minimum investment), and receives ownership, (via stock, a SAFE or other mechanism).

What is Affinity Crowdfunding?

The affinity crowdfunding model relies on providing gifts, rewards and other perks when an individual “invests” in a business. Platforms like Kickstarter and IndieGoGo are prime examples of affinity-based funding. This is an alternative to equity, or ownership, based models. Most perks are items such as movie tickets, product samples, or even high end watches for the right price.

A wide variety of company types have been successful with this model because it relies on social engineering to achieve its results. Once an affinity campaign starts, founders begin wide social media campaigns to spread the word. Often, they will find an influential person or group to push their business model. The ability to become the “popular kid” can make or break an affinity crowdfund.

“We offer the highest level of assurance.

                            Not every CPA can say that.”

Ernest L. Tomkiewicz CPA

What is a SAFE?

SAFEs are generally a company friendly and easy way for a business to acquire interment cash inflow. A SAFE is a simple form that can be set up quickly by the company or their legal counsel. As well there are fewer variables to negotiate. This ease in setup is a key feature of SAFEs.

Also, a SAFE by Y-combinator is in a standard form and format. This leads to lower cost in setting up the plan. With most of the agreement fill-in-the blank, you can save time and money related to legal costs. Terms of a SAFE are easily determined and you can set up more in the future as your company grows and extra cash flow is required.

Official IRS Enrolled Agent logo with the text Federally Licensed with Unlimited Rights to Represent Taxpayers Before the IRS
Seal of the American Institute of Certified Public Accountants (AICPA)
Seal of the Concord New Hampshire Chamber of Commerce
The emblem of the State of Massachusetts with the text The Commonwealth of Massachusetts Division of Registration Board of Public Accountancy.
Seal of the New Hampshire Society of Certified Public Accountants (NHSCPA)
Seal of the Association of Certified Fraud Examiners

What is a crowdfunding financial statement review?

A crowdfunding financial statement review is triggered by the amount of money being raised in an equity funding event. Once a company raises or plans to raise over $107,000 from a single crowdfund, they must have their financial statements reviewed by a licensed CPA. The review consists of analytical procedures and other standards.

In the review the accountant prepares a balance sheet, income statement, statement of owner’s equity, cash flow statement and their related notes. A review process consists of an engagement letter, the reviewed financials, and a management representation letter. The whole process takes less than four weeks and costs between $500 – $5,000.

What is Regulation A crowdfunding?

Regulation A crowdfunding enables companies to offer and sell an equity stake through a crowdfund campaign. Regulations set up by the SEC and the US government control all offerings of stock, or ownership in a company (equity).  Generally, all transactions must take place through an SEC registered intermediary such as StartEngine or TruCrowd.

In regulation A crowdfunding, limits on maximum intake are set, as well as requirements on financial reporting, reviews, and audits. There are limits on the number of investors and detailed disclosures that must be filed to start a crowdfund raise. Much of the information required is listed on the crowdfunding website.