Which signatures are required on the registration statement for an IPO?

• A. CEO, CFO, and majority of the board of directors
• B. CFO and auditor
• C. CEO only
• D. Chairman and secretary

Answer: (A)

This question tests who must sign the Form S-1 registration statement for an IPO. The signing requirement reflects accountability for the information in the filing: the chief executive officer, the chief financial officer, and a majority of the issuer’s board of directors must sign. This pairing ensures both management accountability for financial statements and governance oversight from the board.

The auditor’s signature isn’t required on the registration statement itself; the auditor is involved by providing the financial statements and the opinion, and by consenting to use the report, but that signature is not part of the Form S-1’s signatories. Signing by only the CFO or only the CEO would omit either leadership responsibility or board oversight. Signing by the chairman and secretary isn’t the specified combination for the Form S-1.

So, the required signatures are the CEO, the CFO, and a majority of the board of directors.