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Financial reporting and transactions

What does IPO readiness actually require?

IPO readiness requires audited financial statements prepared to the applicable reporting standard, a functioning internal control environment, a board and governance structure that satisfies the listing rules, a defensible equity story, and the reporting cadence to meet continuous disclosure once listed. Most of the work is finance and governance rather than the transaction itself.

What changed under IFRS 17?

IFRS 17 replaced IFRS 4 and removed the practice of carrying forward local accounting for insurance contracts. It requires contracts to be measured using a current estimate of future cash flows, a risk adjustment and a contractual service margin recognised as service is delivered, which changes both the measurement models and the disclosures insurers must produce.

Guides and toolkits in this area

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