Cap tables are a mystery to most until you actually have to maintain one. During this course we discuss various equity issues, what they mean and how to track them in a cap table that will provide the information we need for GAAP compliance.
This course:
- Reviews the difference between primary and fully diluted shares and who uses which for what.
- Identifies various equity transactions throughout a corporate life including founder stock, preferred stock sold to investors, options, warrants, convertible notes, and the nature of each.
- Explains how to track changes in equity holdings from purchases, sales, transfers, and transaction dates for Rule 144, shareholder meetings, voting and tax purposes.
- Explains how to tie-in and reconcile primary equity transactions to the relevant general ledger accounting records – common and preferred stock at par, additional paid-in capital.
- Explores stock option tracking: grants, valuation, vesting, exercises, cancellations, expiration and authorization records.
- Covers equity related expenses FAS 123R ASC 718 for options, ASC 815 for derivative liabilities in convertible debt and warrants.
Learning Objectives
- Identify the various equity components employed by companies during their lifetime.
- How to measure and track these equity components.
- How they relate to the Company’s financial statements.
Last updated/reviewed: March 28, 2024
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Prerequisites
Course Complexity: Advanced
Prerequisite: Experience with US GAAP accounting
Advanced Preparation: None
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
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Simon WestbrookCFO, Aargo Inc.