COURSE DESCRIPTION

This course provides a detailed analysis of the accounting for share based awards to employees. At the end of this course, you will be able to distinguish equity awards from liability awards, understand the accounting for repricings and other modifications of awards, and account for performance, service and market based awards. A detailed overview of valuation models will also be provided. Finally, this class will provide a comparison of US accounting for share based awards with the accounting under IFRS.

LEARNING OBJECTIVES

• Understand recognition, measurement and disclosure issues surrounding share-based awards
• Learn how modifications of awards are accounted
• Obtain a basic knowledge of the valuation models: Black Scholes versus Lattice
• Understand issues concerning income taxes, private versus public company challenges and liability and equity awards
• Learn how IFRS differs from US GAAP with regard to accounting for share based awards

MAJOR TOPICS

• Accounting for awards with service, performance and market conditions
• Distinguishing between equity and liability awards
• Awards that cliff vest versus graded vesting
• Accounting for Income taxes for share based awards
• Modifications of awards
• Private versus public company issues
• Selecting the right model: Black-Scholes versus lattice models

DESIGNED FOR

Accountants with financial reporting responsibilities and auditors

PREREQUISITE

None

ADVANCED PREPARATION

None

The Center for Corporate Reporting & Governance at California State University, Fullerton 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.