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Equity Methods Enhances Option Navigator™, the Only FAS 123R Reporting Software for Award Modifications and FAS 141/FAS 141R Assumed Awards

Friday, June 5, 2009

Equity Methods, the leading provider of FAS 123R guidance and solutions, announces the upcoming release of version 5.5.0 of Option Navigator™, the company’s industry-leading, web-based valuation and financial reporting application, which includes full accounting and reporting for modified equity compensation awards and awards assumed from mergers or acquisitions.

With the capital markets declining, many companies are considering ways to continue to incentivize, motivate and retain their top labor talent, and changing the terms of existing employee stock options is on the rise. FAS 123R Award Modifications result from modifying the original terms and conditions of an award (such as changing the exercise price, also called “repricing”) and trigger complex accounting and reporting requirements. These award modifications create increased complexity for finance and accounting teams who must account for them under FAS 123R; Option Navigator™ 5.5.0 simplifies and improves that process and automates accurate financial reporting calculations for these modified awards.

Article sourced from www.businesswire.com, click here to read full story.

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