The BÖRSEGANG (ÖSTERR.) process is one of the most significant and sophisticated events that a growing organization will ever go through. From strong financial scrutiny by traders and regulators to continuous collaboration between investment bankers, lawyers and accountants, it requires a staff of committed individuals with the right mix of skills to make the procedure go to my site work smoothly.
Begin by determining just who you need on the team. This is a key step in the overall planning procedure, and should require all team heads. The objective is to get everyone on the same site regarding what is expected of which and how extended the entire process will take.
Identify service providers that can help support the IPO procedure from a logistical viewpoint. For example , a virtual info room carrier can provide a secure and encrypted program for posting confidential paperwork from the due diligence phase through closing. Likewise, a financial printer/SEC filer may facilitate the electronic filing of information into SEC’s EDGAR system through iXBRL (Inline eXtensible Business Reporting Language).
Make sure your reporting, data gathering and storage systems are up to date. Investors and regulators might expect an organization to provide well timed and appropriate reporting on a regular basis. If not, the IPO process will probably be much more troublesome and labor intensive.
Review and discuss inner controls with advisors to spot any problems that could raise warning flags during the SECURITIES AND EXCHANGE COMMISSION’S review process. Depending on the aspect of the concern, this may include reviewing fee amortization, SOX adherence and ASC 606/revenue recognition routines.