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IPO-READINESS5 MIN READ

Sort IPO tasks by the three lines

Categorize IPO readiness activities into management, risk/compliance support, internal audit, or board oversight roles.

Place each IPO readiness activity in the role bucket where it primarily belongs. First line management owns and operates Second line supports and challenges Third line gives independent assurance Board or committee oversees Controller performs the monthly revenue control and resolves exceptions Compliance team defines the disclosure-control trigger taxonomy Internal audit independently tests whether the control operated as documented Audit committee reviews unresolved material weakness remediation Security leader executes the incident response runbook Legal advises on whether an escalated incident may require disclosure Internal audit reports testing results without owning remediation Board holds management accountable for governance milestones

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