Public FinTech Company Financial Reporting Case Study

This case study outlines the engagement of Alliance to assist a public FinTech company during its first SEC reporting cycle. The client faced challenges due to limited internal resources and the absence of a financial reporting system, necessitating immediate expertise to establish reporting processes while ensuring compliance with SEC and PCAOB standards. Alliance provided project management, SEC reporting support, and system implementation, which included the preparation and review of filings, coordination with external auditors and counsel, and the implementation of Workiva. The study details how Alliance established an SEC reporting calendar, drafted initial Form 10-K and 10-Q filings, and built sustainable processes for a smooth transition to an internal SEC Manager. The outcomes included the successful filing of the first 10-K and 10-Q under tight deadlines, the implementation of Workiva for efficient reporting, and the establishment of repeatable processes that enhanced accuracy and transparency in financial reporting.