Workshop: Advanced Financial Reporting · PDF fileWorkshop: Advanced Financial Reporting...
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Workshop: Advanced Financial Reporting Session F6: May 25, 2017 1:30 – 2:30 p.m. Michael Esposito, Product Manager, Financial Reports, Solium Erin Herlihy, Product Manager, Solium Tim Shea, Director, Corporate Solutions, Solium
Transcript of Workshop: Advanced Financial Reporting · PDF fileWorkshop: Advanced Financial Reporting...
Workshop: Advanced Financial ReportingSession F6: May 25, 2017 1:30 – 2:30 p.m.
Michael Esposito, Product Manager, Financial Reports, SoliumErin Herlihy, Product Manager, Solium
Tim Shea, Director, Corporate Solutions, Solium
CPE Credits
Continuing Professional Education (CPE) • Credits are available!• You will receive one (1) CPE credit after attending this session.• You must attend the entire session to be eligible.• In order to earn the available credit(s) for this session, you must see the room
monitor before and after the session to get checked-in and out of the session.• Electronic certificates will be emailed to you a few weeks after the conference
with the cumulative number of credits earned
Solium 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. Web site: www.nasba.org
Snapshots
• Avoid restating prior periods due to• Delayed processing of grant issuances or terminations• Changes to fair values, vesting dates, forfeiture estimates• Natural recalculations due to estimated forfeitures
• Allows for simplistic modification accounting
• Exploits data for use in other reports, such as Dilution, Disclosures, Ad Hoc
Snapshots
• Revisit and review key elements in report calculations
Custom Service Periods
• Expense Amortization Start Date• Performance Grants, ISO/NQ Splits• Example: 4/01/2017 ISO, split into ISO and NQSO grants
Vest Date Original Shares ISO NQ
4/01/2018 100 0 100
4/01/2019 100 30 70
4/01/2020 100 100 0
4/01/2021 100 100 0
Custom Service Periods
• RE Date vs. Expense Amortization Acceleration Date
DTA Balance
• Obtain via a life-to-date Expense Report
Mark-to-market Accounting
• Available in both Equity and Liability data sets
Mark-to-market Accounting
• Use historical valuation data to re-run prior period reports
Employee Groups and Expensing Data
• Can be used to group expense data, specify corporate tax rates• Non-tracked groups• Tracked groups vs. Mobility Expensing
Performance Factors
• For “multiplier” grants• Expense Report• Dilution Report
Performance Factors
• Key Indicators
Other Reports Exploiting Expensing Data
• Disclosures Report• Pulls expense-related values from snapshot
• Provides traditional A240-D disclosure requirements• Outstanding, Exercisable at period open/close• In Period transactions
• Weighted Valuation assumptions for grants issued in period
• Presented in tabular format
Other Reports Exploiting Expensing Data
• Disclosures Report
Other Reports Exploiting Expensing Data
• Dilution Report
Other Reports Exploiting Expensing Data
• Dilution Report
Questions?
Additional Resources
Need more?
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Contact Us
Michael EspositoProduct Manager, Financial [email protected]
Erin HerlihyProduct [email protected]
Tim SheaDirector, Corporate [email protected]
