Preparing to become a public company is time-consuming and complex. Much of that complexity is due to the numerous legal and technical requirements that must be addressed prior to an IPO. But a substantial—and often overlooked—aspect of Public Company Readiness (PCR) involves transforming organizational functions and processes in many ways. Moreover, post-IPO companies will need to continue transforming these functions because there is a different set of requirements and expectations for public companies.
Protiviti provides Public Company Transformation Services (PCTS) for leading companies worldwide. As a trusted advisor, Protiviti assists management with all stages of an initial public offering (IPO). This includes the initial assessment, the pre-IPO activities, and establishment of a sustainable and ongoing compliance function that fully meets the company’s regulatory requirements. In addition, Protiviti helps companies establish a sustainable infrastructure to support anticipated growth and the ongoing reporting and compliance requirements of a public company.
Pre-public and newly public companies face many risks during their transformation process. Protiviti's Public Company Transformation Assessment helps companies develop a Roadmap and determine the appropriate infrastructure necessary to manage these risks. The approach covers the Six key objectives outlined below. A structured plan will help answer key questions asked by Executive Management and the Board.
Preparing for an IPO: Organizations should consider many critical tasks before an Initial Public Offering