Deloitte Anjin Accounting Corporation recently announced on the 30th that it will expand and launch its advisory services for actively responding to the growing demand for overseas listings, including U.S. initial public offerings (IPOs), with a 'Global IPO Dedicated Team.'
According to Deloitte Anjin, despite the increased volatility in global markets following the second term of the Trump administration, the overseas listings of domestic corporations continue to rise due to reasons such as maximizing corporate value and enhancing global recognition. In particular, interest and demand for U.S. IPOs are sharply increasing as technology-based innovative corporations pursue listings on the NASDAQ and the New York Stock Exchange.
In response to the changing needs of corporations, Deloitte Anjin will expand its existing service capabilities into a Global IPO Dedicated Team. The firm stated it has concentrated on strengthening its advisory capabilities for corporations aiming to enter global markets.
Deloitte Anjin's Global IPO service offers end-to-end services covering various aspects such as accounting, tax, corporate governance, internal control assessments, and filings with the U.S. Securities and Exchange Commission (SEC), extending from pre-listing preparations to ongoing management after the listing.
To this end, Deloitte Anjin has formed a dedicated team consisting of partner Ha Seong-ho from the auditing sector as the leader, along with seven specialized partners with extensive experience in accounting, tax, and financial advisory services for U.S. public companies, as well as rich experience in the U.S. IPO market.
Additionally, Deloitte Anjin will closely collaborate with the network of Deloitte, a global accounting consulting firm, to provide clients with proactive insights into global trends and to offer differentiated and in-depth advisory services. Since 2021, Deloitte has provided advisory services for 59% of all IPOs in the U.S. market and has advised 19 out of the top 30 IPOs.
Furthermore, Deloitte Anjin suggested the following checklist for corporations preparing for successful overseas listings: ▲ thorough pre-check of U.S. capital market regulations and accounting standards ▲ establishment and effectiveness assessment of internal control systems ▲ rigorous management of financial reporting and SEC filing documents before the IPO ▲ examination of corporate governance and risk management systems ▲ establishment of a local investor communication strategy and roadshow planning.
Hong Jong-seong, CEO of Deloitte Anjin, noted, 'As the demand for overseas listings, including in the U.S. market, from domestic corporations is increasing, the need to provide specialized global IPO services has become even more critical.' He added, 'Deloitte Anjin will leverage its differentiated global network capabilities, rich local market experience, and structured services to drive the successful overseas listings of domestic corporations.'