New York, NY, May 29, 2009 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts has announced today that Mark Ebersole, President and Chief Technology Officer of Equity Administration Solutions, Inc. will speak at the Knowledge Congress’ upcoming webcast entitled: “FAS 123R & SAB 107: Understanding Stock-Based Compensation Accounting”. This 2-hour event is scheduled for July 7, 2009, Tuesday, at 12:00 PM - 2:00 PM EDT. (For further details of the event and an updated list of panelists, please visit: http://knowledgecongress.org/event_2009_FAS_123R.html)
Under SFAS 123-R, all companies have been required since 2006 to use fair-value accounting for share-based compensation, such as stock options. The change from previous accounting rules caused many companies to re-examine how they use stock options and other forms of executive compensation. The new standard also has been the subject of commentary and clarifications from the FASB and SEC staff regarding valuation methods, application to different kinds of instruments, and effective dates. With many companies’ shares now worth less than the strike price of options granted to employees and executives as incentive compensation, questions about fair valuations are being raised again.
The Knowledge Congress is presenting a distinguished panel of government officials and accounting professionals to discuss accounting for stock-based compensation in today’s uncertain economic climate. The panelists will present their views and reflections on the first three years of reporting under SFAS 123R in a two-hour Live Webcast.
About Mark Ebersole
Mark Ebersole is a systems architect with expertise in designing collaborative web-based platforms to address complex business issues. For the past 35 years, he has created systems and applied technology to improve business efficiency. His design philosophy centers around building flexible approaches that give customers maximum control over variables and parameters to derive the information they need. He has applied this philosophy to address the accounting, tax and recordkeeping complexities of FAS123R and IFRS 2.
Mark is currently the President and Chief Technology Officer at Equity Administration Solutions, Inc. Before joining EASi, he was Chief Technology Officer at BenefitStreet where he led the engineering team's project to web-enable what became the EASi solution. Earlier in his career Mark founded Executive Advantage, a management consulting firm that bridged the gap between executives and technology. He spent 13 years as a systems, technology and management consultant serving major corporate clients including Deloitte & Touche, Fleet Mortgage, Plaza Home Mortgage Corporation and Intel. In 1998, he founded Synteleos, an ASP software company with a collaborative work product for the real estate industry.
Mark has an MS in Computer Science from Ohio State University.
About Equity Administration Solutions, Inc.
EASi provides web-based accounting, tax and administration software that’s redefining the way companies manage and report on equity compensation. EASi continues to be first to market with solutions that help customers save time, save money and meet regulatory and compliance requirements. EASi delivers a complete FAS123R solution; addressing valuation, expensing, tax, dilution and disclosure and is poised to support IFRS 2. EASi’s open broker platform is unmatched in mobility tracking, handling out of period changes, recordkeeping, reporting, auditability and flexibility to meet changing industry requirements. EASi provides US-based corporate support and enables more efficient enterprise collaboration whereby Accounting, Payroll, HR, Legal, Treasury, and Tax can run reports and brokers and transfer agents can handle exercise and settlement transactions to reduce processing time. Nearly 500 public and private companies in 60 countries across all industries rely on EASi for a future proof solution to the challenges of equity compensation management.
For more information about Mark Ebersole and EASi please visit: http://www.easiadmin.com/site/index.aspx
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webcast that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.” To contact or to register to an event, please visit: www.knowledgecongress.org.