01
Strategy and business value Can the company explain its business model, revenue sources and growth drivers with actual data? Select status Information and evidence available In progress / evidence incomplete Issue requiring action Not sure Is there a use-of-proceeds and forecast plan linked to strategy and cash flow? Select status Information and evidence available In progress / evidence incomplete Issue requiring action Not sure
Suggested starting evidence: Business plan, customer revenue data, profit and cash drivers, investment and capital-use plans
02
Listing path and relevant criteria Have the company form, possible market and eligibility issues for FA review been identified? Select status Information and evidence available In progress / evidence incomplete Issue requiring action Not sure Is there a work plan with people, budget and timing for preparation and review? Select status Information and evidence available In progress / evidence incomplete Issue requiring action Not sure
Suggested starting evidence: Company structure, financial statements, operating history, work plan and owners
03
Group, ownership and related parties Can group structure, shareholders, controllers and related parties be traced? Select status Information and evidence available In progress / evidence incomplete Issue requiring action Not sure Have shared assets, competing or dependent businesses, and related-party dealings been identified? Select status Information and evidence available In progress / evidence incomplete Issue requiring action Not sure
Suggested starting evidence: Ownership chart, related-party list, contracts, transactions and shared resources
04
Accounting and financial reporting Can historical financial statements and schedules reconcile profit, cash, assets and liabilities? Select status Information and evidence available In progress / evidence incomplete Issue requiring action Not sure Can finance close on time and systematically resolve auditor observations? Select status Information and evidence available In progress / evidence incomplete Issue requiring action Not sure
Suggested starting evidence: Historical statements and notes, auditor reports, close calendar, adjustments and open issues
05
Tax Do material tax filings and accounting records reconcile, with periods for review identified? Select status Information and evidence available In progress / evidence incomplete Issue requiring action Not sure Have disputes, exposures and restructuring tax issues been identified and reviewed? Select status Information and evidence available In progress / evidence incomplete Issue requiring action Not sure
Suggested starting evidence: Returns and payment records, reconciliations, tax review reports, disputes and material transactions
06
Risk and internal control Do key revenue, purchasing, inventory, cash and approval processes have owners and control evidence? Select status Information and evidence available In progress / evidence incomplete Issue requiring action Not sure Are controls tested in practice and deficiencies tracked to resolution? Select status Information and evidence available In progress / evidence incomplete Issue requiring action Not sure
Suggested starting evidence: Process maps, approval authority, sample transactions, internal audit findings and action plans
07
Legal, contracts and asset rights Have licenses, material customer and supplier contracts, and disputes been collected and dated? Select status Information and evidence available In progress / evidence incomplete Issue requiring action Not sure Are rights to use material assets, brands, technology and intellectual property documented? Select status Information and evidence available In progress / evidence incomplete Issue requiring action Not sure
Suggested starting evidence: Company filings, licenses, contracts, IP rights and litigation/dispute records
08
Governance and disclosure Are board structure, decision rights and conflicts of interest explainable? Select status Information and evidence available In progress / evidence incomplete Issue requiring action Not sure Can information systems and owners support reporting to shareholders and material disclosures? Select status Information and evidence available In progress / evidence incomplete Issue requiring action Not sure
Suggested starting evidence: Board structure, minutes, related-party policies and disclosure processes
09
People and management Are there finance leaders and workstream owners able to drive cross-functional preparation? Select status Information and evidence available In progress / evidence incomplete Issue requiring action Not sure Do critical positions have defined responsibilities, successors and development plans? Select status Information and evidence available In progress / evidence incomplete Issue requiring action Not sure
Suggested starting evidence: Organization chart, role descriptions, management profiles, succession and staffing plans
10
Data and technology Can revenue, inventory, receivable and accounting data be reconciled and traced? Select status Information and evidence available In progress / evidence incomplete Issue requiring action Not sure Are access, changes, backup and recovery controlled and tested? Select status Information and evidence available In progress / evidence incomplete Issue requiring action Not sure
Suggested starting evidence: System map, reconciliations, user rights, change logs and backup/restore test results