FAS 123(R) Compliance Services
In December 2004, the FASB issued SFAS No. FAS 123(R), requiring companies to expense the fair value of stock options and other equity compensation instruments. This dramatically changed the environment of stock plan administration. Compliance has a new meaning. Gone are the days of companies making "rough" estimates of stock option expense for footnote disclosures. Now more than ever, companies really need to FOCUS on their stock plan administration.
Companies must scrutinize their equity compensation activity to ensure proper accounting practices. This is no small task. FAS 123(R) is complex and burdensome.
We can help!
SPS/GZ offers a comprehensive solution in answer to these accounting challenges facing most companies. Our approach includes:
- Reliable software solution that accurately applies the terms of FAS 123(R), including Black-Scholes and Binomial Lattice Models
- Knowledgeable CPA/CEP assigned to each account
- Controlled environment for tracking option activity and the related effects on FAS 123(R)
- Generation of all necessary reports for financial statement presentation and audits
- Support for interpretation of FAS 123(R) provisions
- Best practices suggestions
