Jedi Accountant
"We already started shopping for underwriters, legal firms and whatnot. Remember: in this world where accounting seems to be more of a cottage industry, well, in fact, it has more or less been for more than a thousand generations, most financial statements are either pro-forma or prepared in accordance to the fiscal regulations in effect where the entity is incorporated, going public will net us more clients than ever before" Norinchunkin retorted.
"I'm the only Jedi in this firm; wouldn't a Jedi as an equity partner already attract some attention to us without going public?"
"In the Clone Wars era, or even in the First Order era, it would be unheard of to even have a Jedi contemplating accounting in the first place, let alone become an equity partner in a full-service accounting firm in position to go public. The novelty effect will wear off one day soon" Leastre added.
"You all seem to see in this IPO an opportunity to establish a first mover position, so let's look at the costs of going public and also of being public. Life as a publicly traded company is more expensive so I just want to make sure it's beneficial to us long term"
Let's see: I don't expect professional fees to increase significantly just because we can't accurately predict how much the proceeds from that IPO are going for, she thought. VPN is getting a lot larger since there even was a VPN LLP in the first place. She estimated the costs of the IPO proper to be about 7-10% of the total proceeds, and also the recurring costs to be about 2-4 million per year once public. The professional fees are estimated to be around half a million credits, so the printing and underwriting fees are estimated to be around half a million credits and 5-20 million respectively. Plus the filing fees and the infrastructure costs, about 2 million. In the best case scenario she could expect the IPO to be raking in about 300 million credits. That's a poodoo-load of capital for an accounting firm... more than enough to both expand their headquarters on Akarui and build a new office on Alzoc III. All that budgeted information is shown on a white board so that everybody could understand clearly what's going on, especially since, from incorporation to IPO, there was a wide gap of difference.
"Fine, I'm sold on going forward with the IPO, so the IPO shall proceed"
"I'm the only Jedi in this firm; wouldn't a Jedi as an equity partner already attract some attention to us without going public?"
"In the Clone Wars era, or even in the First Order era, it would be unheard of to even have a Jedi contemplating accounting in the first place, let alone become an equity partner in a full-service accounting firm in position to go public. The novelty effect will wear off one day soon" Leastre added.
"You all seem to see in this IPO an opportunity to establish a first mover position, so let's look at the costs of going public and also of being public. Life as a publicly traded company is more expensive so I just want to make sure it's beneficial to us long term"
Let's see: I don't expect professional fees to increase significantly just because we can't accurately predict how much the proceeds from that IPO are going for, she thought. VPN is getting a lot larger since there even was a VPN LLP in the first place. She estimated the costs of the IPO proper to be about 7-10% of the total proceeds, and also the recurring costs to be about 2-4 million per year once public. The professional fees are estimated to be around half a million credits, so the printing and underwriting fees are estimated to be around half a million credits and 5-20 million respectively. Plus the filing fees and the infrastructure costs, about 2 million. In the best case scenario she could expect the IPO to be raking in about 300 million credits. That's a poodoo-load of capital for an accounting firm... more than enough to both expand their headquarters on Akarui and build a new office on Alzoc III. All that budgeted information is shown on a white board so that everybody could understand clearly what's going on, especially since, from incorporation to IPO, there was a wide gap of difference.
"Fine, I'm sold on going forward with the IPO, so the IPO shall proceed"
