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: 2.0
(Please note, your State Bar or Accounting Board will make the final determination with respect
to continuing education credit.)
Advance Preparation: Print and review course materials
Course Code: 093873
Mark Ebersole
President and Chief Technology Officer
Alison T. Spivey
Partner,
National Professional Practice, former Associate Chief Accountant in the SEC's Office of the Chief Accountant
Shan Nemeth
Partner,
former Professional Accounting Fellow, Office of the Chief Accountant, SEC
Barbara A. Baksa, CEP
Executive Director
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
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
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
- 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
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