Our popular “Meet the Speaker” series, featuring interviews with speakers at the 26th Annual NASPP Conference, is a great way to get to know our many distinguished speakers and find out more about their sessions in advance of the Conference.
For today’s “Meet the Speaker” interview, we feature an interview with Raenelle James of Equity Methods, who will lead the session “The Top 10 Accounting Waves in 2018.” Here is what Raenelle had to say:
NASPP: What is the elevator pitch for your topic?
Raenelle: The world of equity comp is ever changing. Every year we see new trends and new complications arising from regulatory updates and/or creative award design. During our session, we will highlight some of the trends we have seen this year and the most critical things that you need to know to manage complications that may arise because of them.
NASPP: What is one best practice companies should implement for their financial reporting procedures?
Raenelle: There has been a significant rise in management accounting as upper management seeks to be more informed and use this information to make better decisions. Forecasting and flux analysis are powerful tools that can be used to aid in this decision making process. The majority of our clients are honing their forecasting through more internal collaboration and by performing flux analysis on a regular basis.
NASPP: When it comes to stock plan accounting, what is the worst that can happen?
Raenelle: In a world where small nuances can cause major complications, it can be overwhelming. Not being aware of nuances in plan designs, or how to properly account for them can result in errors in your journal entries—which can ultimately lead to inaccurate financial statements being issued. The severity of this depends on the materiality of the error. However, no errors are good errors and the repercussions can be great—regardless of materiality.
NASPP: What is your favorite San Diego restaurant?
Raenelle: I enjoy good food and have found that San Diego has an abundance of it. On my most recent trip to San Diego, I found two new restaurants that have stolen the top spot on my list of favorite San Diego restaurants: The Taco Stand and Extraordinary Desserts. The Taco Stand has an amazing selection of street tacos—my favorite is the Al Pastor! Extraordinary Desserts is a modern bakery with a wide array of extremely tempting pastries and desserts.
While I know I was asked for my favorite—these two have tied for #1 in my books for now (but I definitely have a strong top 10 list—if you would like additional recommendations, feel free to swing by the Equity Methods booth!).
Don’t miss Raenelle’s session, “The Top 10 Accounting Waves in 2018,” at the NASPP Conference!
The 26th Annual NASPP Conference will be held from September 25-28 in San Diego. This year’s program features close to 100 sessions on today’s most timely topics in stock and executive compensation; check out the full agenda and register today!