Hard to produce financial statement of the startup?

https://news.ycombinator.com/item?id=1473984
by xster • 16 years ago
1 3 16 years ago

Hi,

Hoping to draw from the wealth of experience from hacker news again.

I requested for the previous financial records and the current financial states of a startup before joining as a partner and the founder seem to be hesitating and taking a long time to produce it. When I became firm that I need to see it before getting to work, it took him a week to tell me that it'll take another week to get an 'official' version.

I personally feel pretty sketch about this since his accountant should keep track of where the money is anyway and he just has to take it from his cabinet and give it to me but am I mistaken here? Is it in fact a complicated document to compile? I'm in Canada and tax day is ... today. Shouldn't it be pretty easy to come up with the numbers?

Thanks guys!

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