Research On The Financial Compliance Of A Company Before The Gem IPO

Under the registration system,the Growth Enterprise Market has increasingly become a high-quality option for companies to enter the capital market to raise funds.At present,there are more and more companies planning to list on the Growth Enterprise Market,and whether the company’s financial compliance standards at the time of IPO are more sensitive.During the listing process,many companies were rejected because their finances did not meet compliance standards.Therefore,through the study of the financial compliance issues of the IPO companies,improving their financial management level and promoting the pace of listing are the topics that urgently need to be studied and discussed.It is under such research needs that I used my internship experience in Company A to analyze the financial compliance problems of Company A before its IPO,and put forward corresponding rectification suggestions and optimization plans according to the analysis results,hoping to provide enterprises with a better solution.Successfully passed the review and realized listing and financing as a reference.This paper firstly reviews the related research of domestic and foreign scholars on IPO issuance review,IPO rejection factors,GEM registration system and IPO financial compliance.Combined with relevant audit and inquiries,the five major concerns of the GEM Listing Committee on financial normative issues are summarized: basic accounting work,revenue recognition,related transactions and horizontal competition,internal control,and taxation according to law.Subsequently,this paper uses a combination of theoretical research and case studies to discuss the existence of company A’s non-standard accounting basic work,inappropriate revenue recognition timing,flawed revenue integrity,high customer concentration,high risk of related party transactions,and inadequate internal control.Conduct compliance analysis on issues such as soundness and flaws in tax payment.At the same time,the corresponding improvement suggestions are given,hoping to enlighten the relevant subjects.Through the research on the financial compliance problems that appeared before the IPO of the GEM of company A,this paper reveals the financial hidden dangers and loopholes that enterprises are prone to appear before and after listing,which provides the basis for enterprises to rectify and standardize management,guarantees the rapid development of enterprises,At the same time,it also provides reference for other enterprises to pay attention to financial problems before listing on GEM.