IPO Advisory
IPO readiness.
From numbers to narrative.
We prepare financial reporting infrastructure, compliance readiness, and accounting narrative so your clients’ IPO works.
IPO Advisory
IPO is the ultimate financial engineering project. Your client’s business needs to become a public company new accounting systems, new controls, new disclosure, new audit-ready documentation. Most firms’ IPO advisory is pointin-time: we clean up your books and file the prospectus. We take a different view. We build IPO readiness across three years: financial reporting system upgrade, accounting control architecture, and disclosure readiness. Your firm leads the relationship and strategy. We build the operating model that makes IPO execution possible.
What We Deliver
Pre-IPO Financial Reporting Assessment
Audit of current financial reporting system, control environment, and disclosure readiness against IPO standards.
Chart of Accounts and General Ledger Redesign
Redesigned COA, GL structure, and accounting policies structured for public company financial reporting and disclosure.
Revenue Recognition Policy and System Implementation
Complete revenue recognition policy built to ASC 606 (USA), IFRS 15 (international), or equivalent – with system configuration and testing.
Internal Controls Documentation and Testing
Design and documentation of COSO framework controls, including IT controls, transaction controls, and management review controls.
Consolidation and Intercompany Elimination System Build
Multi-entity consolidation system, elimination entries, and reporting infrastructure.
Segment Reporting and Disclosure Design
Segment accounting policy, data structures, and reporting framework aligned with management reporting.
Financial Statement Close Process Redesign
Documented close calendar, responsibility matrix, checklist, and sign-off procedures for audit-ready monthly close.
Accounting Policy Documentation
Complete accounting policy manual aligned with IPO standards revenue, inventory, asset depreciation, reserves, and disclosures.
Audit Readiness Preparation
Building the audit-ready processes, schedules, and documentation that IPO audit teams expect from day one.
Prospectus and S-1 / Prospectus Support
Financial and narrative support for prospectus, including MD&A narrative, financial data validation, and disclosure compliance.
Pre-IPO Timeline
Year 1: Foundation
We assess current financial reporting, design the new reporting infrastructure, and implement phase one (new COA, GL, close process).
Year 2: Build-out
We implement revenue recognition system, internal controls, and consolidation architecture. We run parallel close processes to test.
Year 3: Execution
We transition fully to new system, run final testing, and prepare audit readiness documentation. Client goes through IPO process.
IPO Year: Live
We support IPO audit, prospectus finalization, and transition to public company operations.
Industries We Support
Technology and Software (SaaS)
Revenue recognition under ASC 606, performance obligation identification, deferred revenue accounting, and usage-based revenue.
Financial Services
Fee revenue, investment income, provision accounting, and capital adequacy disclosure.
Healthcare and Medical Services
Service revenue recognition, payer mix analysis, revenue cycle controls, and medical coding compliance.
Professional Services and Consulting
Billing and revenue recognition for time-and-materials and fixed-fee engagements, partner economics, and overhead allocation
Manufacturing
Inventory accounting, revenue timing, warranty reserves, and cost of goods sold controls.
Real Estate and Development
Project revenue recognition, joint venture accounting, and property cost allocation.
IPO success isn’t about hiring the right investment bank or auditor. It’s about having financial infrastructure that’s ready. Most companies undertaking IPO discover during audit fieldwork that their financial systems aren’t ready. Controls are missing. Disclosure processes don’t exist. Revenue accounting isn’t GAAP-compliant.
We fix that before IPO audit starts. By the time your clients’ IPO auditors arrive, the foundation is solid.
The Numbers That Matter
300+
IPO advisory
Public company preparation
Is your client thinking about going public?
Let’s discuss IPO readiness planning.
