Listed Companies

We have made significant investments in resources to rise to the demands and challenges of a firm providing assurance services to listed companies. Initial public offerings and assurance work became our specialization. We are currently the auditors of a number of public listed companies. 

For companies planning to go for listing, you can leverage on our professional expertise and track records of IPO experience to assist you on your journey from a private company to a successful public company in Kazakhstan and USA.

Launching an Initial Public Offering (IPO) is a significant milestone for your company. The process of going public can be time-consuming and presents certain unique challenges that a company should be prepared to undertake. The considerations include the timing and costs associated with the listing, the size of the new issue, the nature of your business activities, the complexity of your corporate structure and the professional parties’ involvement in the listing exercise.


Moore Kazakhstan is the registered accounting firm with Kazakhstan Stock Exchange (main board) and Astana International Financial Center (AIFC).

United States of America

Moore Kazakhstan is the PCAOB-registered public accounting firm.

The Public Company Accounting Oversight Board oversees the audits of public companies and SEC-registered brokers and dealers. PCAOB Rule 2100 requires that each public accounting firm (including foreign firms) must register with the PCAOB if the firm:

(a) prepares or issues any audit report with respect  to any issuer (i), or
(b) plays a substantial role (ii) in the preparation or furnishing of an audit report with respect to any issuer.

The PCAOB defines the latter as being responsible for 20% or more of total audit hours or audit fees, or for performing the majority of the audit procedures with respect to a subsidiary or component of any issuer, which "constitute 20% or more of the consolidated assets or revenues of such issuer necessary for the principal accountant to issue an audit report on the issuer".

Thus, any firm auditing an unlisted Kazakhstan subsidiary of a listed US company (or of a Kazakhstan company with a secondary US listing) could be required to register if the subsidiary is fairly large relative to the group as a whole and the parent auditor relies on the Kazakhstan auditor's report for group audit purposes.