IPO Preparation - coast-redwoods

When the company wants to be listed on the stock exchange, it must prepare in many areas including; follow the law and regulation of many regulators, understand roles and responsibilities of the committee, restructure the organization structure, and establish internal control. One of the important things is preparation of financial statements that must be prepared in accordance with the Thai Financial Reporting Standards (TFRS) for Public Interest Entities (PIEs).

We can help you be ready for preparing the financial statements to meet those requirements from regulators in the following areas:

Give advice to accounting personnel to know and understand the financial reporting standards in order to prepare the financial statements more accurately and more efficiently.
Give advice on identifying GAAP differences
Give advice on accounting issues for IPO preparation

Internal control review and internal audit

Every company is exposed to many types of risk unavoidably. To maintain the profit and sustainable growth in the future, the management should be aware of the importance of internal control. The better internal control and risk management, the faster the company reaches its objective. Internal control is considered as an important factor to increase the transparency and flexibility when faced with unexpected situations. We can help you understand the exposed risks for better prevention, reduce the likelihood and impact, reduce the cost of control, more efficient reaction, and increase the company stability.

Sustainability Risk is a risk associated with “ESG” or Environmental, Social and Governance, also known as “ESG Risk”. This is a challenge that organizations must find ways to manage risks in order to create opportunities and reduce risks which affects the ability to generate profits, competency, image, reputation and survival of the organization. Sustainable business development will make the business strong, continually growing and stable in the long term.

Thus, the business needs to focus on this point by integrating sustainability risk management into the corporate missions and strategies including analyzing sustainability risk and materiality analysis to manage several risk levels to build reliability with key stakeholders.

ESG disclosure is a form of public reporting by an organization’s management about its performance across a variety of Environmental, Social, and Governance (ESG) issues. ESG disclosures are used by a wide range of stakeholders, including investors, customers, employees, regulators, and supply chain partners to understand how a company is managing ESG risks and opportunities.

We can help prepare to prevent and adapt to various risks. Including seeking business opportunities from those risks effectively through 7 steps of ESG risk assessment as follows:

1. Establish governance structure
2. Understand business strategy and risk management processes of the organization.
3. Identify ESG risk
4. Assess and prioritize relevant ESG risks.
5. Respond to ESG risk
6. Review and improve ESG risk
7. Communicate and disclose ESG risk