FAS 123R

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Under SFAS 123-R, all companies have been required since 2006 to use fair-value accounting for share-based compensation, such as stock options. The change from previous accounting rules caused many companies to re-examine how they use stock options and other forms of executive compensation. The new standard also has been the subject of commentary and clarifications from the FASB and SEC staff regarding valuation methods, application to different kinds of instruments, and effective dates. With many companies’ shares now worth less than the strike price of options granted to employees and executives as incentive compensation, questions about fair valuations are being raised again.

The Knowledge Congress is presenting a distinguished panel of government officials, accounting professionals, and systems experts to discuss accounting for stock-based compensation in today’s uncertain economic climate. The panelists will present their views and reflections on the first three years of reporting under SFAS 123R in a two-hour LIVE Webcast.

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Conference
Recommended CLE/CPE Hours: 1.75 - 2.0
(Please note, your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date.)
Advance Preparation: Print and review course materials
Course Code: 093873
Recording Fee: $299 (Please click here for details)
NASBA Sponsor Number: 109004

 

Featured Speakers for FAS 123R & SAB 107 live webcast:


  Event Talking Points (click here to view more)
SEGMENT 1:


Mark Ebersole, President and Chief Technology Officer,
Equity Administration Solutions, Inc.

- Essentials for a Successful Accounting Process
- A Data and Systems Perspective
- What should your data and system provide?
- Four key components of a successful accounting process
     - Data Representation
     - FAS Calculations
     - Reporting
     - Compliance

SEGMENT 2:


Shan Nemeth, Partner, former Professional Accounting Fellow, Office of the Chief Accountant, SEC,
Deloitte & Touche LLP
and
Alison T. Spivey, Partner, National Professional Practice, former Associate Chief Accountant in the SEC's Office of the Chief Accountant,
Ernst & Young LLP

- Accounting for share-based payment arrangements in the current economic environment
    - Modifications
    - Valuation considerations
    - Performance and market conditions
- New standards affecting share-based payment arrangements
    - FSP EITF 03-6-1, Determining Whether Instruments Granted in Share-Based
      Payment Transactions Are Participating Securities
    - FASB Statement No. 141R, Business Combinations
- Share-based payments under IFRS – key differences between Statement 123R and IFRS 2

SEGMENT 3:


Barbara A. Baksa, CEP, Executive Director,
National Association of Stock Plan Professionals

Three Years After 123(R): Where Have We Ended Up
- Trends in plan design in light of FAS 123(R)
    - Choice of equity compensation vehicles
    - Changes in award structure
- Trends in valuation practices
- Best practices in 123(R) disclosures
- ESPP plan design
    - Prevalence of safe-harbor plans
    - Changes in plan design in response to 123(R)
- How 123(R) has impacted multi-national stock plans



Equity Administration Solutions, Inc.
Mark Ebersole
President and Chief Technology Officer
speaker bio »»

Deloitte & Touche LLP
Shan Nemeth
Partner,
former Professional Accounting Fellow, Office of the Chief Accountant, SEC
                       speaker bio »»

Ernst & Young LLP
Alison T. Spivey
Partner, National Professional Practice,
former Associate Chief Accountant in the SEC's Office of the Chief Accountant
                       speaker bio »»

National Association of Stock Plan Professionals
Barbara A. Baksa, CEP
Executive Director
speaker bio »»

Who Should Attend?

- CPAs/Accountants
- Internal Auditors and Finance Executives
- Tax Attorneys/Consultants
- Chief Actuary Officers
- General Counsels
- Plan Sponsors
- Compensation and Benefits Professionals
- Senior Executive Management
- Stock Plan Consultants

Why Attend?

This is a must attend event to everyone to hear and understand the up-to-the-minute and most relevant updates on FAS 123R & SAB 107.
- New guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A

Registration Information:                                                                                                                                    



FAS 123R & SAB 107: Understanding Stock-Based Compensation Accounting
Speaker Firms:







 



Event Sponsor:



EASi provides web-based accounting, tax and administration software that’s redefining the way companies manage and report on equity compensation. EASi continues to be first to market with solutions that help customers save time, save money and meet regulatory and compliance requirements. EASi delivers a complete FAS123R solution; addressing valuation, expensing, tax, dilution and disclosure and is poised to support IFRS 2. EASi’s open broker platform is unmatched in mobility tracking, handling out of period changes, recordkeeping, reporting, auditability and flexibility to meet changing industry requirements. EASi provides US-based corporate support and enables more efficient enterprise collaboration whereby Accounting, Payroll, HR, Legal, Treasury, and Tax can run reports and brokers and transfer agents can handle exercise and settlement transactions to reduce processing time. Nearly 500 public and private companies in 60 countries across all industries rely on EASi for a future proof solution to the challenges of equity compensation management. http://www.easiadmin.com/site/index.aspx




 

The Knowledge Conference is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.nasba.org

 

We are an approved multi-event sponsor in the state of California. Our provider ID is: 14451. In Texas, Illinois, and Virginia, we submit programs for individual approval in advance. In New York, our programs are submitted immediately after the event live date and attendees are sent the approval codes once we receive them from the New York State Bar. In all other states, once attendance is verified, participants are emailed an official certificate of attendance which they submit to their respective State Bar Associations. Our programs are created with continuing education in mind and are therefore designed to meet the requirements of all State Bar Associations. If you have any questions, please email our CLE coordinator at: info@knowledgecongress.org

 
Enrolled Agents Sponsor ID Number: 760

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