Innovation accounting - Deepstash

Innovation accounting

Innovation accounting

  • As we have already mentioned, Innovation accounting is a systematic approach to figuring out if you are making progress and getting evidence from the facts. 
  • It is an alternative to the traditional reporting system for companies operating in conditions of uncertainty. 
  • This is a new type of reporting system that allows you to assess whether changes lead to improvements or not. 
  • Keeping track of innovation allows startup founders to make sure they are actually getting a business going.
  • You need to start by turning leaps of faith into a working financial model.

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