CAAS SERVICES FOR SPACs

Client Accounting & Advisory Services for SPAC

Much like executing a successful IPO, executing a SPAC is a rigorous process of preparing documentation, verifying financial reporting, and looking within your company at internal controls, processes, and procedures.

Our CAAS specialists have assisted clients in scaling their people, processes and technology as well as providing various bookkeeping services and timely financials through all stages of the SPAC lifecycle.

PRE-IPO

• Assessing the scaling up of people, process and technology needed for the transaction
• Providing bookkeeping services throughout the entire transaction including entering transactions, making journal entries, performing account reconciliations and performing monthly close procedures
• Preparing financial statements and related footnote disclosures, including compliance with changing SEC guidance
• Providing audit support services
• Preparing financial information to be included in the S-1
• Completing management’s discussion and analysis
• Drafting technical accounting memos
• Responding to SEC accounting comments

POST-IPO

• Providing bookkeeping services throughout the entire transaction including entering transactions, making journal entries, performing account reconciliations and performing monthly close procedures
• Managing SEC filing requirements, including Form 10-Qs and Form 10Ks

De-SPAC

• Preparing pro-forma information to be included in the Proxy, S-4, or Super 8-K.
• Providing technical research and analysis, including business combination accounting
• Assisting the target company prepare financial statements in accordance with U.S. GAAP