Risk Management Controls and Compliance Systems Critical for New Equity Issuers
With the IPO market continuing to surge, it’s vital that companies preparing for their IPOs rigorously examine their risk management, controls and compliance infrastructure for a successful offering and to support future growth, according to a new report by PwC US.
The report, titled “Fortified for Success: Building Your Company’s Risk, Controls and Compliance Ecosystem for the IPO and Beyond,” outlines the seven critical steps businesses need to take in building a scalable risk management and compliance system to protect shareholder value post IPO.
On its website, PwC says going public is a transformational event that pushes a company into view of regulatory, investor, and analyst scrutiny. Companies that delay getting their risk management, compliance and compliance infrastructure in order until after the IPO may be jeopardizing their ability to reap the full benefits of going public. This paper lays out steps that will help companies establish a foundation and cover the company’s critical risks and controls, both pre-and-post IPO.