Auditors
Do your clients provide the data you need for efficient
FAS 123R/ASC 718 audits? Wouldn't it be nice to get beyond spreadsheets and workarounds,
and have the data you need at your fingertips? Now you can. EASi designed
its software expressly with accounting deadlines and reporting requirements
in mind.
Streamlined Auditing and SEC Risk Mitigation
EASi's reports save internal and independent auditors time and money. More than 200 standard reports make it fast and easy to compile required accounting and financial information. Designed with a robust filtering capability, all reports are built in real time, drawing data from the parameters that you select.
Reports detail all the awards that comprise the totals underlying the key financial reporting values. To protect the reputation of our clients, EASi addresses the SEC's requirement for monitoring award timing. We generate a report containing grant dates and database entry dates to identify suspect awards.
Report Components:
- Accounting - valuation, expensing, deferred tax, EPS, and disclosure
- Capital - ownership percent, capitalization summary, stock ledger
- Financial - 10K, 10Q and Proxy Statements
1. Valuation
- Computes dynamic Black-Scholes or allows valuation overrides
- Supports continuous dividend application
- Allows for single life or multiple life valuations
- Built in calculation of historical forfeiture rates and expected lives
2. Expensing
- Provides award detail report to enable complete expense calculation auditing
- Computes ratable or FIN 28 amortization
- Incorporates unlimited experience groups for defining forfeiture rates
- Provides option for either level or "hyperbolic" compounding of forfeiture rates
- Adjusts for forfeitures in a GAAP compliant manner
- Properly computes true-ups for all vesting and parameter changes by period
3. Deferred Tax Assets (DTA)
- Delivers full set of journal entries for all transaction types
- Computes APIC windfall and shortfall adjustments
- Supports unlimited tax entities for DTA calculation
- Incorporates either FIFO or pro-rata method of pre-adoption DTA allocation
4. Dilutive EPS Reporting
- Calculates dilutive shares for all award types
- Incorporates all sources of proceeds for buyback
5. Disclosure Reporting
- Provides 26 of the line-items in the A240 section disclosure
- Provides reports you need for 10K and 10Q proxy statement submissions



















