IPO readiness

IPO readiness for the accounting file

Going public turns every accounting choice into a disclosed one. GAAP IQ gets the file ready: a policy manual with the elections documented, memos for the judgment areas, and footnotes benchmarked against companies that are already public.

Policy manual

A policy manual written before you need it

A company heading to a public filing needs its accounting policies on paper, cited, and approved. PolicyIQ builds the manual chapter by chapter.

Elections asked, not assumed

Twelve topics carry curated election questionnaires, from revenue, leases, and income taxes to share-based payments, earnings per share, and business combinations.

Drafted with page-level citations

Each chapter is drafted from your answers with page-level handbook citations, and AI edits arrive as redlines you accept or reject change by change.

Approved, dated, versioned

Approval records who approved the chapter, when, and its effective date. Every later change snapshots the prior version.

Flagged when the guidance moves

A chapter is flagged when the handbook passages it cites no longer resolve, and each chapter shows which handbook editions it was checked against.

POLICY MANUAL
Chapters for a first annual report
Revenueapproved
Leasesapproved
Share-based paymentsdraft: 2 redlines open
Earnings per sharequestionnaire answered
Income taxesquestionnaire in progress
Judgment areas

The positions memoed before the filing

Equity awards, earnings per share, and segments are the areas a company going public has to get right first. MemoIQ has a playbook for each.

Share-based payments, issue by issue

The ASC 718 playbook starts with equity versus liability classification as a threshold call and carries modification mechanics that have to foot.

Expense that recomputes

ScheduleIQ's share-based compensation engine attributes cost straight-line or graded, handles a forfeiture rate or forfeitures as they occur, and supports service and performance conditions.

EPS and segments on the record

Playbooks for ASC 260 and ASC 280 cover participating securities and the two-class method, and how segments are identified and reported.

The auditor's markup comes back in

Export to Word, import the returned file, and comments and tracked changes attach to the matching memo blocks.

MEMO ISSUES
Pre-IPO equity awards with a performance condition
Equity or liability classificationthreshold: your call
Grant date and fair value inputsconcluded
Performance condition probable?open question
Attribution schedulecomputed by the engine
Participating securities for EPSconcluded
Benchmarking

Disclose like the companies already public

Your first filings will be read next to your public peers'. FilingsIQ and DisclosureIQ start from what those companies actually filed.

Peers from SEC classification

FilingsIQ searches EDGAR full text across filings since 2001 and builds peer cohorts from SEC SIC industry classification, so the comparison set is the market's.

Footnotes modeled on peer 10-Ks

DisclosureIQ drafts each note against the requirements, modeled on how up to 3 comparable public companies disclose the topic, with a requirement-by-requirement checklist.

Figures from XBRL

Peer figures come from companies' XBRL data, exactly as tagged, so a benchmark rests on reported numbers rather than prose.

PEER BENCHMARK
How do recently public peers disclose stock compensation?
Peer cohortbuilt from SIC classification
Footnotesextracted at TextBlock boundaries
Reported figurespulled from XBRL
Your draft notechecklist: 1 item needs an amount
The tools

Four tools carry the readiness work

Every plan includes all seven tools on GAAP IQ. These are the four a company preparing to go public reaches first.

Every plan includes all seven tools: Professional is $149 per month, or $1,490 per year (two months free), and Enterprise is $399 per month, or $3,990 per year. Details on the pricing page.

Worked through in full: stock option repricing under ASC 718, what auditors expect in a technical accounting memo, and profits interest units in a business combination.

FAQ

Common questions

Does GAAP IQ draft the registration statement?

No. GAAP IQ works on the accounting behind it: cited research, memos for the judgment areas, the accounting policy manual, and footnotes benchmarked against public companies' 10-Ks. Drafting and filing the registration statement stays with your team and advisers.

Which policy topics can PolicyIQ document?

Twelve topics carry curated election questionnaires: revenue, leases, income taxes, business combinations, debt and equity, share-based payments, credit impairment, earnings per share, fair value, equity method, consolidation, and foreign currency. Other topics get a generated questionnaire. Each chapter is drafted with page-level handbook citations and approved with an effective date.

How does the peer benchmarking work?

FilingsIQ searches EDGAR full text across filings since 2001 and builds peer cohorts from SEC SIC industry classification. DisclosureIQ pulls how up to three comparable public companies disclose a topic in recent 10-Ks and drafts your note on that structural pattern, with a requirement-by-requirement coverage checklist.

Is pre-IPO information safe in GAAP IQ?

GAAP IQ is built for draft agreements, unreleased filings, and pre-decision positions. Your content is isolated to your account, encrypted at rest and in transit, and never used to train AI models: every AI request carries a zero-data-retention constraint enforced in code, and uploaded documents are automatically deleted 24 hours later.

Start the policy manual before the filing calendar does

The free plan includes one full cited research session, one memo, one disclosure, one policy, and two schedules to try on a real question.

No credit card required