An IPO is a cornerstone event for an organisation, and preparation for “being public” is just as important as preparation for “going public”. Ensuring maximum value from an IPO requires confidence, decisiveness, and the right foundation for success.
Companies embarking on new business or capital market transactions, whether through an initial public offering (IPO) or via a merger with a special purpose acquisition company (SPAC), or by obtaining green and sustainable financing through schemes announced by the Monetary Authority of Singapore (MAS), face new challenges due to increasingly stringent compliance and regulatory requirements. With the evolving reporting requirements, the scrutiny on accounting and financial reporting has never been so high and the digitalisation of the finance function is also playing an increasingly important role.
Whether the ultimate choice is through an IPO, SPAC, or direct listing, companies need to objectively assess their readiness for life as a public company.
PwC’s Capital Markets and Accounting Advisory Services team has many years of experience in successfully advising companies on issues relating to accounting and financial reporting. From complex accounting topics to questions about the conversion of accounting standards to IFRS to digitalisation - no matter what challenge you face, we are there for you.
Companies undergoing transformative changes must reevaluate processes, including “last mile reporting”/close and reporting processes. PwC can help address changes with technology that can automate this process.
Companies undergoing transformative business/market changes must constantly be reevaluating their existing systems and processes. This includes their overall Enterprise Resource Planning (“ERP”) and close/consolidation system landscape. Several types of business changes that are triggering companies to implement new technologies that will automate the close and consolidation accounting processes. Financial consolidation systems allow companies to report on consolidated financial statements and internal reports by “sitting on top” of the ERP layer. PwC can help organisations help realize value creation from investments in these types of technology leads to realized value creation.
As many as 50,000 companies situated in the European Union will need to consider transforming their reporting mechanisms to conform with the new Corporate Sustainability Reporting Directive (CSRD) requirements. The new reporting requirements will present real challenges to companies when organising, collating, accessing, exploring, evaluating and acting on relevant data.
Lee Chian Yorn
Capital Markets and Accounting Advisory Services Leader, PwC Singapore
Tel: +65 9752 9506
Tham Tuck Seng
Partner, Capital Markets and Accounting Advisory Services, PwC Singapore
Tel: +65 9618 3776
Rebekah Khan
Partner, Capital Markets and Accounting Advisory Services, PwC Singapore
Tel: +65 9731 4358
Alex Toh
Partner, Capital Markets and Accounting Advisory Services, PwC Singapore
Tel: +65 9112 7130
Jimmy Seet
Partner, Capital Markets and Accounting Advisory Services, PwC Singapore
Tel: +65 9833 2074
Voon Hoe Chen
Partner, Capital Markets and Accounting Advisory Services, PwC Singapore
Tel: +65 9817 0978
Senthilnathan Sampath
Partner, Capital Markets and Accounting Advisory Services, PwC Singapore
Tel: +65 9324 3172
Debra Ann Ker
Partner, Capital Markets and Accounting Advisory Services, PwC Singapore
Tel: +65 9748 3382