Preparing a Healthcare Services Company for an IPO

IPO Readiness Assessment & S-1 Filing:

• Delivered IPO readiness assessment report to Sponsor & CFO.
• Created an implementation roadmap for critical public company required functions and roles.
• Initiated and led weekly IPO steering committee with internal and external stakeholders.
• Sourced, calculated, and coordinated data inputs for S-1 confidential filings.
• Drafted S-1 management discussion & analysis (MD&A).
• Drafted proforma financials with Up-C structure and seed money balance sheet.
• Prepared SEC comments responses.
• Created CFO function staffing plan with org. chart & roles.
• Assessed control deficiencies, prepared material weakness disclosure and assisted with remediation plan.
• Created templates for Board of Directors meeting and chief operating decision maker (CODM) materials.
• Advised on third-party SEC reporting tool post-IPO.

Audit Support and Controls Enhancement:

• Provided accounting guidance and drafted technical accounting memos for business combinations, segment reporting, reporting units, equity-based compensation, recapitalization, and goodwill impairment.
• Created supporting audit schedules and tie-out workbook.
• Drafted annual and quarterly financial statements and footnotes and completed the disclosure checklist.
• Prepared quarterly fluctuation analyses.
• Documented process narratives and flowcharts.
• Documented high risk controls including those associated with the COSO framework.
• Developed controls and policy for the disclosure review committee.
• Assisted in the development of the SOX 302 certification plan.
• Advised on third-party SOX implementation partner and timeline.

Our Accordion team provided advice, project management, and execution and became a trusted and critical partner to the Company throughout the entire process – ensuring that the audit was complete, and the S-1 public filing was submitted under the aggressive timeline.