Avoiding IPO Pitfalls: An essential guide to ASX listing


Published: 

Listing on the Australian Securities Exchange (ASX) is a major milestone, but the process is complex and unforgiving. A successful initial public offering (IPO) requires disciplined planning, strategic investments and a leadership team experienced in public company operations, controls and auditing standards.

IPO readiness is a whole-of-business process and without proper oversight, companies risk costly delays and compliance issues.

Common pitfalls

Companies preparing to go public often encounter these common pitfalls:

1. Poor planning
  • Governance, regulatory compliance, and appropriate staffing should be in place long before the IPO window opens
2. Under-resourced accounting
  • Your accounting function may need investment to meet the speed, scrutiny and complexity of public company standards
3. Inexperienced leadership and governance oversights
  • Does your executive team have the right expertise and strategic vision to operate as a public company?
4. Lack of tax governance
  • Without a formal tax governance framework, your company can risk overlooking tax obligations and exposures during IPO preparations
5. No trial run
  • Gaps and inadequacies may surface when testing current processes against the new standards expected of a public company.

Read the full guide on Avoiding IPO Pitfalls

The path to going public can hold surprises, even for the most experienced team. BDO’s guide to Avoiding IPO Pitfalls offers practical advice to help you move through the IPO process with confidence.

Download guide

Contact us

With experience working on over 300 ASX IPOs since 2005, BDO provides end-to-end support including readiness assessments, IPO roadmaps, board training, and post-IPO services. Our multidisciplinary team has the depth of experience to help you understand the process, address gaps and opportunities, and set you up for long-term growth as a public company.

Planning an IPO? Get in touch with BDO today to discuss your readiness and roadmap to listing on the ASX.

Authors

Sharnie Mitchell
National Leader, Tax
National Leader, Corporate & International Tax
Partner, Corporate & International Tax

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