• Private Companies looking to be acquired

1. Update financial statements and footnotes from US GAAS to PCAOB standards

• SPAC’s - Financial Statement Preparation 

• 1940 Act Companies 

• 1933 and 1934 Act Reporting Companies 

• White Papers on technical accounting matters 

• Preparation of pro forma financial statements

• Equity Issuance Analysis 

• Business Combination Assistance

• New Accounting Pronouncement Implementation

• Correction of Error (SAB 99 Analysis)

• Accounting Policy Services 

• Workpaper Preparation 

• Implementation guidance on new accounting standards 

• Mergers and acquisitions

• IPO Preparedness – readying private companies to go public

• Outsource entire finance and accounting function 

• Augment your existing accounting department 

• Additional financial focus

We provide accounting and advisory services to entities looking o go public via these vehicles. These services cover the entire lifecycle of a SPAC.

Phase 1 - Seed and Proceeds Audit

• Create financial statements

• Create supporting workpapers for audit 

• Create support tables for registration statement 

• Provide audit support 

• Completing auditor checklists 

• Researching and documenting issues, if any 

• Reviewing registration statement

Phase 2 -Reporting Company

• Prepare financial statements for Form 10-K and 10-Q 

• Provide support to auditor

• Review of Form 10-K and 10-Q

Phase 3 -Acquisition Support (De-SPACing)

• Review and analysis of merger agreement 

• Review of pro forma financials, liaise with target auditors/transaction team/auditors 

• Review of proxy/tender offer/registration statement to effect business combination

• Significant experience with SPAC’s – team members have served as audit partner or an advisory lead in providing audit or advisory support to all phases of a SPAC process.