Senior Managing Director AmbroseAdvisors Riverside, CA
At the end of the session, you will be able to:• Understand the conceptual framework behind leveraged ESOP accounting under GAAP;• Explain how to account for SARs, both initial recognition and subsequent measurement; and• Understand how to account for warrants as part of a leveraged ESOP transaction; and• Recognize when “push-down” accounting may be appropriate as well as other alternative reporting approaches. NCEO Publication: Accounting for Leveraged ESOP Transactions NCEO Group: ESOP Finance Working Group
Learning Objectives:
Understand the conceptual framework for leveraged ESOP accounting under GAAP.
Describe correct GAAP accounting for compensatory SARs and seller financing warrants.
Recognize appropriate alternatives for dealing with negative net worth.
