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
40 Reviews (134 ratings)

Reviews

3
Member's Profile
There should have been more detail in how some of the numbers in the charts were calculated, especially since portions of tables where shown with the full table totals, so sums didn't appear accurate. Instructor could have used pointer to clearly move through charts.

3
Member's Profile
Good introductory course to Cap.Tables and capital structure. Too much emphasis on using spreadsheets to track all transactions. For more accurate option management a standalone tool will be needed that can be reconciled back to the spreadsheet.

3
Anonymous Author
Interesting course with a lot of information being presented. Depending on your reason for watching I could see it being a little difficult to follow for someone not familiar already with cap tables.

5
Anonymous Author
Liked the explanation of different instruments and how they were broken out, would like more details on warrants as these are less common for what I have seen.

5
Member's Profile
Great resource for Accounting professionals. I found the course to be very informative and helpful. I'm anxious to see other courses by this instructor.

4
Anonymous Author
The examples are very detailed, but if a simplified example could be shown, including the how the calculations are done, it would be very helpful.

4
Anonymous Author
Interesting and informative however the audio quality is poor. It would have been interesting to include how to select cap management software.

5
Anonymous Author
The course is comprehensive in the various capital structure discussion and the material provided great examples of tracking various equity.

3
Anonymous Author
Until I took this course, I had no idea that capital tracking was so complex. This was a good introduction to the topic.

5
Anonymous Author
Lots of good information, sometimes hard to keep up with presenter when he was describing various charts & information.

5
Anonymous Author
This was a helpful and informative course taught by an instructor with a lot of valuable experience in the area.

4
Anonymous Author
audio quality wasnt great. it was blurry and a bit hard to hear. otherwise succinct and effective presentation

5
Member's Profile
Well worth my time. Simon hit on all topics and most importantly, how best to track the necessary data.

4
Anonymous Author
This course was helpful but at some points it was hard to follow as the slides were difficult to read.

5
Member's Profile
Good summary of some basic capitalization vehicles. Nice detail included on how to track in excel.

4
Member's Profile
Audio is poor but great introduction to the topic. I wish it spent more time on GAAP entries.

4
Member's Profile
Simon's course was a bit hard to follow (both visuals and audio), but the content was great!

5
Anonymous Author
great course to review fundamentals of equity instruments. my thanks to the presenter.

5
Anonymous Author
Great course on Cap Tables. Very informative. Great information for any CPA.

3
Anonymous Author
A very difficult course. Presentation was also very difficult to understand.

5
Anonymous Author
Great information on managing your capitalization tables. Good examples.

4
Anonymous Author
This was an interesting overview of cap table management. Thank you.

5
Member's Profile
The spreadsheets were good. Instructor seemed very experienced.

5
Anonymous Author
Good introduction to understanding the importance of cap tables.

4
Member's Profile
Good information. Audio quality was difficult to listen to.

5
Member's Profile
A very solid look at a topic they don't teach you in school.

3
Anonymous Author
Basic, maybe intermediate course at best. Not advanced.

4
Anonymous Author
Could use sample spreadsheets to follow as a template.

4
Member's Profile
Helpful intro - hard time hearing the audio at times.

3
Member's Profile
Hard to hear, difficult to follow. Basic knowledge.

5
Member's Profile
very useful information on how to manage a cap table

5
Anonymous Author
Great overview of cap table management. Thank you!

5
Member's Profile
Simon hit the high points of the topic very well.

3
Anonymous Author
Good fundamentals, offset by age of the course.

5
Anonymous Author
Excel sheets used should be provided

4
Anonymous Author
I liked the excel examples

4
Member's Profile
course seemed rushed.

4
Anonymous Author
good overview

4
Anonymous Author
Good course.

4
Member's Profile
Good

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 .
Course Questions and Answers1 Question
Member's Profile
Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
STOCKS
  Key Tracking Elements13:06
  Common Stock7:40
  Preferred Stock6:35
OPTIONS AND TRACKING
  Options5:40
  Tracking and Conclusion11:23
Continuous Play
  Effective Cap Table Management for GAAP54:59
SUPPORTING MATERIALS
  Cap Tables and Corp. Stock Mgt. SlidesPDF
  Effective Cap Table Management Glossary/IndexPDF
REVIEW & TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam