Capital market transactions (Investigating Accountant)
The flotation process can be extremely long, complex and absorb a significant amount of management’s time without guarantee of ultimate success. Our substantial experience can quickly identify issues that may cause an IPO to be delayed, abandoned or see market value eroded. Coupled with our recent track record in relation to a wide range of floats, this goes a long way to ensuring a successful outcome.
Deloitte’s Transaction services team has extensive experience in assisting companies through IPOs, rights issues, private placements and other debt and equity raisings requiring the preparation of an Investigating Accountant’s Report (IAR). An IAR involves an independent review of a company’s historical and/or projected financial information and any assumptions and material accounting policies adopted applicable to the information.
The purpose of the IAR is to support the financial information included in a prospectus or other public disclosure documents. The IAR includes a review opinion in relation to the historical and pro forma financial information and/or forecast financial information.
As part of this process, Deloitte will also assist by advising management on the content, structure and format of the information to be disclosed, collating the historical and/or forecast financial information, reviewing the information, and by actively participating on the due diligence committee.
For further information about our Investigating Accountant capabilities, please contact a member of our Transaction services team in your location.