The use of digital tools and AI is advancing in all areas of the economy. In accounting, however, the digital revolution has not yet come very far. With my consulting firm, DONE!Financials, I support companies with interim accounting. We have worked for small companies, large ones, startups, scaleups and corporations…

Five best tools for easy and efficient accounting It’s astonishing, but true: Digitization is not yet current across all accounting departments of this world — not in Germany, and not in the startup ecosystem of Berlin. As I have shared before, I am often experiencing this when I first arrive at any new company, as an interim accountant…

As CEO of a company which supports startups and scaleups with interim accounting, I deal with founders a great deal. Of course, there is always someone on the founding team who oversees the finances. One of them recently asked me: How do you keep up to date with accounting? How…

– by Magnus Bilke I’ve been involved in accounting for about 20 years, and a lot has changed. The financial software that helps companies keep their numbers under control has gotten better and better. Some people wonder: Will we still need accountants in the future, or is the profession dying…

When Christian Lindner, the new German Minister of Finance announced in mid-December that he intends to reform employee stock option plans (ESOP) in the interests of startups, many in the startup scene celebrated it almost like an early Christmas present because something urgently needs to change regarding this issue in…

Anyone who frequently moves around the Berlin startup scene knows that English is spoken more often than German — regardless of where the founders originally come from. Anyone familiar with German tax offices, on the other hand, will not notice as much diversity there. German is the official language. Period. When the two worlds collide, it can be a challenge. Accounting specialists who understand both sides can help.

Founders need to make strategic decisions for their company — and not get lost in the details. Nevertheless, they should make sure their accounting is taken care of. Otherwise, unnecessary follow-up costs and trouble with the tax authorities are guaranteed or even worse, investors are put off. Magnus Bilke, founder…

Founders know it is crucial for a startup to cover all the core skills within the team. The numbers guy stands for one of the most important skills: Accounting should be state of the art and accessible at all times for the company’s own management, as well as for investors…

On September 26, Germans will vote for a new Bundestag and the leading parties are close together in the polls. Perhaps for the first time, three factions will have to join forces to form a government coalition. Who will win the race is completely open. A whole country is wondering…