December 2014 will mark the 10-year anniversary of ASC 718 (previously FAS 123R). The landscape today in share-based compensation has undergone drastic change, spanning award design strategies, valuation protocols, and accounting best practices. Join this recap of our annual State of the Union webinar to learn more about the top share-based payment issues we’re seeing companies tackle and auditors scrutinize. Our session will provide a panoramic view of relevant share-based payment topics impacting compensation, accounting, and tax professionals. Attendees will learn to:
Recognize the role of governance groups such as ISS in driving the current trend toward market-based (“TSR”) awards
Describe innovations in plan design, including accounting’s essential role in the design process
Explain updates on volatility estimation, including de-levering/re-levering of volatility
Analyze opportunities and challenges in pushing expense down to individual cost centers within a complex organizational hierarchy
Describe international recharge programs and the complications from employee mobility
Differentiate popular modifications and the accounting/valuation treatment required
Discuss acquisitions and spin-outs—equity compensation best practices and surprises
Our focus will be spread almost equally across plan design, external reporting, and technical valuation. Equity Methods’ presenters, Nathan O’Connor and Amit Tekwani, have developed this content based on extensive client feedback, aggregation of survey data, and independent research, and look forward to sharing this information with you.
Nathan O’Connor, Director of Valuation Services, Equity Methods
Nathan O’Connor is Director of Valuation Services at Equity Methods. In his role as the national valuation practice leader, Nathan oversees all client delivery, operations, and R&D in support of more than 200 valuation clients. Nathan also works closely with the Financial Reporting Group and Business Development team at Equity Methods, and is responsible for formulating the firm’s policy positions on all technical topics related to equity compensation valuation. As a Certified Base SAS programmer, Nathan has regularly contributed to the firm’s intellectual property through the design, development, and testing of new valuation models and processes. He also has authored or served as a contributing author to many of Equity Methods’ white papers and industry practice alerts.
Nathan is a nationally recognized speaker at industry events and frequently leads instructional webinars on industry best practices and recent trends in equity compensation valuation. As an expert in the valuation of equity compensation instruments, he has directly consulted senior executives at several Fortune 50 companies and more than 100 companies of all sizes on the compliance requirements of ASC Topic 718. Prior to joining Equity Methods, Nathan trained in the doctoral program in finance at the University of Arizona, where he lectured in investment securities and financial management and actively participated in consulting and research projects. Nathan holds a B.A. in International Relations from Purdue University, an M.B.A. in Derivative Securities from Loyola University Chicago, and an M.S. in Finance from the Eller College of Management at the University of Arizona. He currently serves as Program Chair of the Las Vegas Chapter of the NASPP and Secretary of the Phoenix Chapter of the NASPP.
Amit Tekwani, Managing Consultant – Financial Reporting, Equity Methods
Amit is a Managing Consultant within the Financial Reporting Group at Equity Methods. Amit has served as a consultant in both the Valuation Services Group and the Financial Reporting Group, having assisted over 150 companies in varying capacities since joining Equity Methods in 2006. Amit is widely regarded throughout the industry for his dexterity in designing, reviewing, optimizing, and managing large and complex equity compensation reporting processes. Specifically, he has led projects involving equity award plans with hundreds of thousands of participants, large M&A activity, performance-based awards, modifications, and restatements.
Amit is a superb engagement manager. He is particularly known for his ability to uncover and dissect client needs, and then lead his project teams toward thoughtful solutions. Within Equity Methods, Amit is known for consistently driving process reengineering and insisting on processes being architected with flexibility and risk management in mind. With a background in accounting and analytical finance, Amit possesses deep theoretical expertise that he leverages in helping clients formulate accounting policies and identify gaps in current methodologies. Prior to joining Equity Methods, Amit held financial analyst positions that provided additional exposure to process design, controls, and finance theory. Amit received his MBA in Finance from Thunderbird School of Global Management, and is member of the Beta Gamma Sigma national honor society. He also holds an M.S. in Accounting from Gujarat University in India.
Continuing Education Credits:
1 CEP (Accounting)