An initial public offering (IPO) presents significant opportunities for market participants that are accompanied by equally notable governance risks, new research from Audit Analytics explores.
The report, “Initial Public Offerings: Recent Trends in Corporate Governance Risks,” evaluates whether reductions in regulatory constraints easing the ability to go public were worthwhile. It examines the cost to companies of going public, measured in terms of audit fees, the quality of their internal control over financial reporting (ICFR), and how IPO capital affects their ability to continue as a going concern.
