What is a Reporting Accountant?
A Reporting Accountant plays a critical role in capital markets transactions by providing independent opinions that are required to appear in a prospectus or admission document, in line with regulatory requirements. These opinions, along with other private reports offer assurance over a company’s financial history and forecasts for the board of directors, as well as for the sponsor or nominated adviser (nomad).
As Reporting Accountants, we support companies preparing for IPOs or other capital markets transactions by delivering a suite of independent reports and opinions that meet regulatory and market expectations. Our services are tailored to the specific requirements of your transaction and may include:
Long-form report
A detailed review of the company’s financial reporting systems, internal controls, governance, and key accounting policies. This report provides assurance to the board and sponsor or nomad on the robustness of the financial infrastructure.
Working capital report
An assessment of the company’s working capital needs, typically covering a period of at least 12 months post-admission. This helps ensure the business is adequately funded and supports the sponsor’s or nomad’s comfort on financial viability.
Historical financial information
We perform procedures over the historical financial information included in the prospectus or admission document, ensuring it’s presented in accordance with applicable reporting frameworks and regulatory requirements.
Comfort letters and other assurance reports
We provide comfort letters and other required assurance reports to support the due diligence process and give confidence to stakeholders, including underwriters, investors, and regulators.
Proactive issue resolution
We work collaboratively with management, legal advisers, and sponsors to identify and address potential issues early in the process, helping to avoid delays and reduce execution risk.
How we can help
We have vast experience advising businesses across a range of sectors and our team have the expertise to provide pragmatic and tailored advice to meet your objectives. You can find out more about the deals we’ve worked on.
