Accounting for Biotech Firms

Lescault and Walderman provides compliant and responsive accounting services to deliver clear financial data that helps you report on administrative, R&D and Clinical Trials.
Schedule Introductory Call Today
Chat with Us

Regulatory Compliance

Biotech Accounting Regulatory Compliance

Stay compliant with requirements and regulations surrounding biotech accounting.

Multi-Entity Financial Management

Biotech Accounting Due Diligence

Track and manage financial data across multiple entities using a single, comprehensive accounting system.

R&D/Clinical Trial Reporting

Biotech Accounting Expense Management

Track separate administrative, R&D and Clinical Trial project costs for analysis, investors, and regulators.

Don’t accept disjointed financial management and reporting

  • Does your accounting software meet your administrative, R&D and Clinical Trial reporting requirements?
  • Are you able to effectively manage multiple entities and locations?
  • Do you have effective dashboards that deliver the information your Board of Directors needs?
Sage Intacct
Bill Com
Tallie

If you’re not following regulatory practices, you are risking the potential of your clinical initiatives and the long-term success of your firm. You don’t have to settle for an accounting solution that doesn’t fit your individual needs. Partner with an accounting firm that has the specialized experience you need to report on and manage your growing Biotech business.

Schedule Introductory Call Today

Here’s How You Use Financials to Increase Your Prospects for Success

With the right combination of technology and tools, you can have a customized accounting system that delivers what you need to provide accurate financial data related to your Research and Development and Clinical Trial initiatives.
Biotech Accounting Quarterly Filings

Flexible Accounting Software Solutions

We partner with industry-respected accounting vendors and third-party specialists to create a flexible custom accounting solution.

Comprehensive Reporting

We produce quarter over quarter and year over year administrative, R&D and Clinical Trial reports by entity and location to help you evaluate your financial trends.

construction-third-party-expertise

Robust Budgeting and Forecasting

We use advanced financial management tools to develop robust and realistic budgeting and forecasting to help you make more effective operational decisions.

Schedule Introductory Call Today

Here's how to get started:

how_it_works_1
1. Schedule a No-Obligation Call

Your time is valuable, and we don’t want to waste it. Let’s schedule a discovery meeting so we can discuss your needs and confirm there’s a fit.

how_it_works_2
2. Receive Your Accounting Review

We'll review your accounting documents, then provide you with a customized report that includes our findings and our recommendations for moving forward.

3. Attend Review Meeting

We'll host up to a 2 hour meeting to review our findings and recommendations, answer any further questions and outline how we'll work together.

how_it_works_3
4. Review Your Proposal

Working from our review, we’ll provide clear and actionable recommendations for improvement related to your particular processes, software, and systems.

5. Engage Us For Your Needs

If you approve of our recommendations, you’ll sign an engagement letter and we’ll start work!

Schedule Call Today

Track Administrative, R&D and Clinical Trial Data to Achieve Success

As a biotech firm, you need to make sure your accounting tracks the various aspects of your life sciences organization. Failure can inhibit your ability to manage projects and drive financial success. Lescault and Walderman has the specialized experience and expertise you need to get more from your accounting data.

For those Biotech firms set up as small-cap publicly-traded corporations, we are well-versed in the reporting and financial management necessary to satisfy the complex regulatory requirements. That’s why our solutions provide on-demand dashboard reporting.

If you use multiple entities for legal structure purposes, your accounting solution needs to have consolidation capabilities that are only offered by single accounting/ERP systems. Our partnership with Sage Intacct allows us to build enterprise-level financial data dashboards so you can quickly and effectively access individual project reports across multiple entities and locations.

We also provide clear and actionable budgeting and forecasting. When you have realistic budgets, you can establish accountability for each of your departments. This fiscal accountability can be tied directly to specific projects to better manage Research and Development and Clinical Trials. Accurate forecasts are also essential. When you work from a reliable forecast, you will experience fewer surprises and setbacks.

Unfortunately, accounting systems typically fail to match the unique applications of wide-ranging Biotech company profiles. When you work with Lescault and Walderman, you’ll implement a custom solution that fits your budget and budget and technical requirements.

Schedule Introductory Call Today
Download our Free Guide:

The Five Biggest Mistakes Business Owners Make

  • This field is for validation purposes and should be left unchanged.