Student NameTess Hutchins
Faculty Mentor NameLisa Hinson
CollegeWarrington College of Business
MajorAccounting
MinorInnovation
Research InterestsAccounting, start-up business, funding, GAAP compliance
Academic AwardsDean's List, IA Catalyst People's Choice Award
OrganizationsCurrent: Delta Sigma Pi, International Programs Student Ambassadors; Past: Heavener Leadership Challenge, IA Ambassadors, Global Business Society
Hobbies and InterestsTraveling, hammocking, writing, reading, running

Research Project

Accounting in Start-ups

With the influx of funding and resources to attract and keep companies in Gainesville, FL, we are seeing more and more entrepreneurs coming here to start their businesses. With these numbers and current local trends, it has become a topic of interest as to how these companies utilize the resources Gainesville offers in order to keep track of their newly founded finances. My project will be looking at how local start-ups in Gainesville begin, maintain, and change their financial reporting in the first few years of conception. Additionally, many startups require funding and investments from outside stakeholders many of whom are cautious to invest in businesses that are not GAAP compliant. Once data is collected I will be looking to see if there is a correlation between the amount of funding a company receives and their compliance with GAAP in financial reporting.