
Whichever route you take—an IPO or a strategic transaction—our experienced professionals will help show you the way.
B1 is the absolute leader in providing assurance and consulting services to Russian companies quoted on domestic (MOEX and SPB) and international exchanges (LSE, NASDAQ, NYSE).
We have provided accounting and audit services to IPO issuers in Russia since 1996, helping them raise around US$30 billion.
Attractive pricing, a compelling equity story and confidence in management are the most important success factors for an IPO.
About US$30b
0raised by B1 clients from IPOs
10+
0B1 audit clients listed on Russian and international exchanges
Over 30
0years in the market
Most investors feel that the financial reporting system and corporate governance and compliance are the two important areas that a company should consider when preparing to go public, closely followed by risk management and internal controls.
Capital markets strategy
- Defining transaction goals
(corporate finance/capital structure/liquidity) - Execution timeline and market windows
- Preparing key deliverables
- Syndicate strategy and selection
Contacts: Anton Ustimenko, Maria Lafer
Governance and legal
- Corporate housekeeping
- Corporate governance
- Corporate and disclosure policies
- Diligence
Contact: Elena Egorova
Finance and accounting
- Structure/benchmarking
- Financial statement close process (FSCP)
- Reporting and compliance (central bank, exchange, etc.)
- Accounting policies
- Forecasting, planning and analysis
- Treasury
Contact: Anton Ustimenko
Taxes
- Company level
- Investor/shareholder level
- Executive/employee level
- Structuring
Contacts: Vadim Ilyin, Vladimir Zheltonogov
IT
- Scalability
- Control environment
- Security
- Continuity
Contact: Nikolay Samodaev
Internal control and audit
- Internal controls
- IC policies and risk identification
- Enterprise risk
Contact: Elena Egorova
Management/HR
- Leadership team
- Board recruitment and onboarding
- Retention, compensation and benefits (incl. long-term incentives)
Contact: Gueladjo Dicko
External communications/Investor relations
- Website content
- Research analyst relationships
- Investor communications
- Guidance strategy
Contacts: Anton Ustimenko, Maria Lafer
PROJECT COORDINATION
- Readiness timeline guidance/sequencing
- Readiness assessment
- Working group coordination
- Governance and risk management
- Stakeholder communications