The Corviniti IPO Readiness Score™ is a free, comprehensive assessment tool built by accounting advisory professionals with 20+ years of PCAOB, SEC, and capital markets experience. Answer 37 expert questions and receive a personalized score, priority gap report, and results summary tailored to your role.
This assessment is designed for CFOs, CEOs and Founders, Controllers, Board members and Audit Committee members, and VC/PE investors evaluating portfolio company IPO readiness. The tool takes approximately 10 minutes to complete and is 100% free with no login required.
Corviniti Accounting is a New York City-based accounting advisory firm specializing in IPO readiness, technical accounting, and public company transition. Located at 575 5th Avenue, 14th Floor, New York, NY 10017. Contact us at info@corviniti.com or (347) 472-1115. Visit corviniti.com for more information.
IPO preparation typically takes 6 to 18 months depending on a company's starting point. Key workstreams include engaging a PCAOB-registered auditor, implementing SOX-ready internal controls, building a public company finance team, and engaging SEC counsel.
The SEC typically requires 2 years of audited financial statements (3 years for large accelerated filers). Audits must be performed by a PCAOB-registered firm and financial statements must comply with U.S. GAAP including ASC 606 revenue recognition.
The Sarbanes-Oxley Act requires public companies to maintain internal controls over financial reporting. Pre-IPO companies should begin SOX readiness work well in advance, including documenting process narratives, risk control matrices, and IT general controls.
A PCAOB audit is required for all public companies. Only PCAOB-registered firms can perform these audits. Companies using AICPA-standard auditors will need to transition to PCAOB standards before filing an S-1 registration statement.