Public Company Readiness
Public Company Readiness
Zak Everson
CPA
Partner
Jennifer A. Finger
CPA, MSA
Partner
Michael K. Green
CPA
Partner
Jordan E. Iverson
CPA
Partner
Christopher E. Jeffrey
Partner
Ernest Miranda
CPA
Partner
Rachel Polson
CPA
Partner
Royce Prude
CPA
Partner
Benjamin Quigley
PMP
Principal
Gregory Reda
Partner
Atit Shah
CISA
Principal
Mallory Thomas
CPA, MBA, CIA, CITP, CISA
Partner
Dan Martin
CPA
Director
Going public. It’s a massive, transformational effort with the potential to enhance value and create new growth opportunities for your company. It also brings with it the prospect of increased regulatory demands, public scrutiny, risk complexity and scalability challenges. How do you know you are ready for the journey?
Our services
Conducting an objective and thorough IPO readiness assessment early in your decision-making process can uncover unknown issues both inside and outside the organization. Readiness requires an understanding of and insight into your strategy, governance and risk, financial, operational, legal, technological, people, change management, risk management and other areas to successfully develop and manage your going public journey.
IPO exploration and a readiness assessment includes roadmap development in preparation for an IPO:
- Assessment of the organization’s overall preparedness including gap identification
- Holistic review of operations
- Identification of tasks with sequenced timing to support the IPO readiness objectives
Pre-transaction readiness:
- Internal controls identification and implementation
- Technical accounting and financial reporting assistance
- Development of accounting policies
- Financial statement preparation and drafting disclosures
- SEC matters (e.g., S-1 filing, S-4)
Post transaction:
- Sarbanes-Oxley (SOX) 404 compliance services
- Internal controls in support of 302 certification
- Technical accounting and financial reporting assistance as needed
What it takes to be ready
The landscape for going public — particularly with the meteoric rise of SPACs as an option — is dynamic, evolving and volatile, with highs and lows driven by economic, global, political and regulatory disruptions.
Preparing to be a public company requires an entire organizational effort — an effort that is too often underestimated in its scope, scale and demands. Many start the journey only to quickly discover a critical lack of resources, infrastructure, expertise and time to go through the process and execute the work required to support the transaction properly. That uncertainty can put your opportunity at risk.
An eight step checklist to an IPO
Successful organizations going public will engage in the eight steps outlined in this checklist—from the initial phase of designing an IPO readiness roadmap through post-IPO filing and requirements.
Start your journey now
Count on Baker Tilly to serve as an extension of your management team on this journey. We’ve been there. It’s a stressful time filled with uncertainty, excitement and the need for clear communication in a changing environment.
Featured insights
SOX readiness: preparing for an IPO
Initial public offerings (IPOs) will require compliance with Sarbanes-Oxley (SOX). Learn more in this infographic.
Going public via SPAC: what you need to know
This on-demand presentation explores the differences between a special-purpose acquisition company (SPAC) and an initial public offering (IPO), and risks to consider before going public via a SPAC.