Workshop: Valuing Awards in Shareworks

Transcription

1 Workshop: Valuing Awards in Shareworks Session F7: Thursday, May 24, :30 2:30 p.m. Lisa Bertolet CEP, CSA Product and Services Consultant Solium Tempe Cassandra Fedele CEP, CSA Financial Reporting Analyst Solium Tempe Christian Ives Client Service Manager Solium Tempe

2 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 ed 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:

3 Agenda Expensing Data Tool Data Set Details Valuation Methods Amortization Methods Valuation Segmentation Forfeiture Rates Assumptions Revaluations (Mark to Market) Reporting Tips and Tricks

4 Common Questions Q: I entered a grant why doesn t it show on my expensing report? A: Check the Expensing Data tool to determine if the valuation has been completed. Remember, it s a two step process of valuation setup AND valuation assumptions. The expensing report will also indicate awards that are in need of valuations by producing additional tabs titled Incomplete Assumptions and Requiring Valuations.

5 Common Questions Q: Is there a report to show me fair values at the tranche level? A:There are 2 places to find this information within the expensing report. 1. If your awards are valued at a tranche level, all of the valuations will be listed on the valuation assumption tab. 2. If you run the expensing report into an employee level view with the output as a webpage, there will be a DETAILS link on the amortization tab that will produce a table with all of the amortization periods and their assigned valuations.

6 Common Questions Q: What if my auditors don t agree with the valuation calculation? A: Shareworks has an override feature to allow you to input your own calculated value. By selecting Override Calculated Value when entering assumptions, you can maintain the system calculations for each element and have the fair value reflect what you expected to see.

7 Common Questions Q: I am new to SW, how much of my historical data do I need to enter into my data set? A: All of it!! We recommend including all historical information. This will help with disclosure reporting and keeping all of your equity comp information in one location.

8 Questions?

9 Additional Resources Need more? Online Learning Shareworks Certification Shareworks Workshops Convenient and completely selfdirected, our online lessons provide you with industry context and the how-to in Shareworks. Shareworks Certification is a great way to quantify your knowledge, develop key technical skills and prove yourself invaluable to your company s administration team. Roll-up your sleeves and join us all year round, either in person or online, for hands-on workshops on a variety of Shareworks topics. Visit solium.com/education

10 Contact Us Lisa Bertolet CEP, CSA Product and Services Consultant Solium Christian Ives CSA Client Service Manager Solium Cassandra Fedele CEP, CSA Financial Reporting Analyst Solium