On February 24, 2014 the Securities and Exchange Commission established the Office of the Investor Advocate. According to the SEC, the purpose of the Office of the Investor Advocate encompasses three core functions: (1) to provide a voice for investors, (2) to assist retail investors, and (3) to support the SEC’s Investor Advisory Committee.
Building your company’s proxy statement (Form DEF 14A) is a laborious task that involves countless hours of gathering required information in order to build a complete picture of your company for the public. Valid and correct data points are the most important elements of a proxy statement as shareholders will use the information to make critical decisions. But have you ever considered the experience that shareholders will have while consuming that information?
Different types of equity awards carry different pros and cons. When designing an equity plan for your company, it is essential to consider what equity vehicles are right for your corporate structure and level of resources. In this post, we explores a few of the more popular equity types including stock options, restricted awards, and performance-based awards.
As companies rely more on performance-based awards for executive compensation, they are required to disclose more details about their compensation policies. In order to maintain transparency, companies are increasingly using peer group benchmarking to provide shareholders with context and market practice for equity compensation in their industry.
When privately held companies prepare for an IPO, they have to consider many areas that will be undergoing substantial transformation, such as accounting, legal, corporate governance, and equity incentive programs. The latter is especially important as equity compensation is a key element in the creation of shareholder value.
Earnings per share (EPS) is one of the most important corporate performance metrics, yet, one of the most complex measurements for companies with multiple types of equity awards. Jim Vincent, the vice president of client support at Certent, along with Ken Stoler of PricewaterhouseCoopers LLP and Raul Fajardo CEP, QUALCOMM Incorporated will be talking about the challenges of computing EPS at the 23rd Annual NASPP Conference in San Diego later this month. We met with Jim Vincent to take a peek at some of the considerations that may affect your EPS calculations.
With the increasing complexity of regulatory compliance, it’s becoming more challenging for companies to comply with SEC requirements and, at the same time, provide clear and concise information to their shareholders. The good news is that existing public disclosures provide a wealth of relevant information, and if used in a systematic way, can significantly improve disclosure management processes and reduce compliance risks.
Improving your financial reporting formatting practices can have a great impact on the readability of your company’s financial disclosures. Using shortcuts and automating some parts of your content can save you valuable time and energy when preparing for a filing deadline. In this post we describe a few formatting tricks that will save you time and make your reporting process easier!
On September 1, 2015, The Financial Accounting Standards Board (FASB) released the proposed 2016 GAAP Financial Reporting Taxonomy for public review and comment. The proposed 2016 Taxonomy contains updates for accounting standards and other recommended improvements to the official Taxonomy, which is used by public issuers registered with the SEC. As the deadline for submitting comments is approaching, we wanted to encourage you to gather your comments and explore why it is important to take advantage of the opportunity and discuss how this may affect your financial reporting experience.