Page 73 - Initial Public Offering - An Introduction to IPO on Wall Street

Advice on Project Management—the transaction criteria and the duties and obligations of
managers and their consultants must be specified by organizations at the beginning. Failure to
do so early will hinder the transaction's control and effective management.

Strategic Advice—In order to enter the capital markets, businesses must analyze possible
approaches and set up a realistic strategy.

Issue Relocation—the consultant accountant will help and provide guidance for complicated
financial statements and issues in deal execution, such SEC pre-clearance issues.

Registration Statements Requirement—the advisory accountant can help and guide with the
conditions of the financial reports, including the processing of the annual financial reports and
the specifications for provisional financial data, as accommodation is now available to all
issuers.

Technical Advisory—the advisory accountant carries vast experience in dealing with difficult
transactions in the financial markets.

Section 404—As management assesses its comply with the standards of Section 404 of
Sarbanes-Oxley, businesses can receive assistance from their consultant accountant related to
the design, recording and review of internal control over financial statements.

Post-Transaction Services—After the IPO, a skilled consultant accountant can provide
advisory support with:

 Enforcing the current financial reporting guidelines needed to satisfy the reporting
requirements of public corporations, together with continuing technical help on these
provisions;
 Continued compliance with Sarbanes-Oxley Section 404;
 Corporate governance
 Training finance and accounting staff; and
 The introduction of new requirements for disclosure, accounting, and reporting

4.4.9 Financial Printer

The role that the financial printer plays is yet another significant factor leading to a good IPO.
As per the layout and presentation criteria defined by the SEC, the printer has the responsibility
of printing the registration statement and brochure. The key financial printers are also able to
"EDGARize" documentation and make the necessary filings through EDGAR with the SEC.

(It is critical that businesses file Form ID with the SEC well before the offer to obtain their
authorization and verification codes with regards to EDGAR.) Since this is specialized printing
requiring fast turnaround, it can be done sufficiently by only a few printers.

Professional financial printers would be able to suggest underwriters, lawyers and accountants.
Organizations must also choose an entity that can design and print the business’s stock
certificates,

4.4.10 Other Professional Advisors

A public relations company specializing in SEC registrations will help direct businesses
through the "quiet time" constraints and make the most of the possibilities that do remain. In
their presentation skills, public relations companies usually help organization to prepare

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