If the Company I work for hires an outside consultant to help evaluate our IPO readiness such as SOX controls/governance, would these expenses be incurred right away or does anyone know if we can capitalize any of the expenses. My guess is to expense as incurred.
IPO Readiness Costs
Answers
You are correct. You would have to expense as incurred. Good luck as the IPO process is a fun one.
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FP&A