An IPO is among the most significant events in the life of a tech company and is a symbol of the importance of founders employees, customers, and employees. However, it also comes with the company with a new set of rules, regulations and standards that the company may not have been held to as a private enterprise. To be successful, you must be well-prepared. This starts with a thorough IPO checklist.

The first step is a fully functional system that enables the company to maintain an impeccable financial record that is able to stand the scrutiny of regulators and shareholders. This is a priority for the CFO team and should be addressed well before the IPO timetable. This can include creating an automated reconciliation procedure to eliminate any errors made by hand in the data, and ensuring that the company is in line with the required IFRS and US GAAP compliance, and setting up necessary committees for board members such as the audit special finance, compensation, and audit.

Another critical point is having a well-established management team that will be in a position to implement the plans for growth of the business when it becomes public. This is typically the most important factor, other than financial, to be considered when making preparations for an IPO. Investors want a strong leadership team that has shown their abilities.

The final step is an IPO readiness assessment should be conducted by a knowledgeable advisor and/or auditor to determine the state of internal controls accounting practices, financial controls, and other issues that require correction before the IPO can be conducted. This assessment should be performed early in the IPO to allow for any flaws to be designdataroom.co rectified before they are revealed to investors or the SEC.