CPAs (Certified Public Accountants) + Investor Reporting: The Challenge
As cpa, preparing bank statements for investor reporting is a common but time-consuming task. Investors and VCs request bank statements during due diligence and ongoing reporting. Presenting raw PDF statements looks unprofessional and slows the process.
How BankScan AI Helps CPAs (Certified Public Accountants) with Investor Reporting
BankScan AI converts any US bank statement PDF to Excel instantly — supporting Chase, Bank of America, Wells Fargo, Citi, and 30+ US banks for seamless client work. For investor reporting specifically, BankScan AI extracts Monthly burn rate, cash runway in months, revenue growth trajectory, customer co automatically.
How CPAs (Certified Public Accountants) Handle Investor Reporting
When preparing bank statements for investor reporting, cpas (certified public accountants) need to CPAs receive client bank statements for tax return preparation, financial statement compilation and review, and audit procedures. They reconcile bank . BankScan AI automates the data extraction step.
Key terms you'll encounter: bank confirmation, reconciling items, substantive testing, adjusted trial balance.
How It Works
Upload bank statement PDFs
Supports all major banks. Upload 12-24 months for due diligence; monthly or quarterly for ongoing investor reporting and board updates of statements for investor reporting.
AI extracts what you need
Our AI extracts Monthly burn rate, cash runway in months, revenue growth tra — formatted for cpas (certified public accountants) workflows.
Complete your investor reporting work
Download Excel files ready for investor reporting. Clean monthly summary with MRR/ARR reconciliation against bank deposits, burn rate trend, and cash runway calculation; presentation-ready for board decks
Supported Banks
BankScan AI works with all major UK and US banks, including:
Features for CPAs (Certified Public Accountants) — Investor Reporting
- Built for CPAs (Certified Public Accountants) — Saves an average of 30 minutes per client per engagement on bank statement data entry, or 10+ hours per week during busy season for a firm with 200+ clients
- Software compatible — Output works directly with QuickBooks Online, Sage Intacct, CCH Axcess
- Built for Investor Reporting — Convert your bank statements to clean Excel spreadsheets for professional investor reporting, burn rate analysis, and due diligence document preparation.
- Key data extracted — Monthly burn rate, cash runway in months, revenue growth trajectory, customer concentration risk, related party transactions, founder salary and expenses
Compliance: CPAs (Certified Public Accountants) + Investor Reporting
When cpas (certified public accountants) prepare bank statements for investor reporting, specific compliance requirements apply.
- CPAs must comply with AICPA professional standards and state board licensing requirements. GAAP and GAAS standards govern financial statement preparation and auditing. IRS Circular 230 governs tax practice. Peer review requirements apply to firms performing audits. Client records must be retained per state-specific rules, typically 5-7 years.
- Legal basis: Companies Act 2006 section 431 (right of shareholders to inspect accounts); EIS/SEIS compliance requirements under ITA 2007 for tax-advantaged investors
Investor Reporting — Built for CPAs (Certified Public Accountants)
Due diligence typically runs 4-8 weeks with a tight data room deadline; ongoing investor reports are usually expected within 15 days of month-end
Try Free — CPAs (Certified Public Accountants) + Investor Reporting