IPOs

The resurrected version of former accounting giant Arthur Andersen plans to go public, submitting a draft registration statement with the SEC.

OneStream Inc. is seeking to raise $465.5 million in a U.S. initial public offering for the cloud-based platform. which includes accounting and budgeting.

The deal saved hundreds of Chinese companies in the U.S. from being booted off American stock exchanges but has done little to revive the flow of initial public offerings.

The number of companies that have restated their financial results or disclosed accounting problems has increased significantly in recent years.

The board issued a staff report warning of high rates of deficiencies at special purpose acquisition companies.

Companies that went public before the slowdown in the IPO and SPAC markets have been having trouble complying with Sarbanes-Oxley requirements.

EY Chief Executive Officer Carmine Di Sibio said "it's business as usual" when it comes to hiring, with a tight jobs market even as several big firms begin to cut staff.

A provision imposing a 1% excise tax on corporate stock buybacks in this year's Inflation Reduction Act is likely to have an impact on the use of special purpose acquisition companies.

Private companies looking to go public will need to be ready to prepare periodic financial reports, demonstrate effective internal control over financial reporting and manage investor relations

Finance pros are looking for an exit strategy, but many don't feel prepared to do an IPO.