About the Conference
SFAS 123R: Implementation Issues and Effect on Compensation Plan Design
Through the long economic boom that began in the early 1980s, stock options became increasingly popular with employees and executives alike, in part because of their favorable accounting treatment.
Recently, however, the Financial Accounting Standards Board revised Statement No. 123, requiring that an expense be recognized for those options. In response, many corporations have begun to, or have announced their intention to, reduce their use of options.
This conference will examine the new requirements in accounting for share-based payments, implementation issues that have or are arising, trends in executive compensation, and directions for the future of share-based compensation.
Conference Objectives
- Gain insights into new requirements in accounting for share-based payments, as well as examine implementation issues that may arise.
- Consider the oversight role of the board in setting executive compensation.
- Explore the effect of the new requirements on compensation plan design.
Coordinators
- Steven Balsam, Professor and Merves Research Fellow, Department of Accounting, Fox School of Business
- Bob Jones, Senior Vice President and Regional Practice Leader, Northeast Region, Aon Consulting
Featuring
- Katherine Schipper, Member, Financial Accounting Standards Board
- Charles Elson, Director, Center for Corporate Governance, University of Delaware
- Phil Peterson, Senior Vice President, and Terry Adamson, Vice President, Aon Consulting
- Gregory Fletcher, Assistant Chief Auditor, Public Company Accounting Oversight Board
- Mary Ellen Carter, Assistant Professor of Accounting, Wharton School of Business, University of Pennsylvania
Who Should Attend?
- Professionals involved in accounting for share-based payments as well as those involved in designing executive compensation strategies.
- Executives and human resource managers of corporations affected by the new accounting requirements.
- Government administrators and policy makers with an interest in accounting policy and its affect on corporations.
- Scholars, researchers, and students who seek insights on the current state of affairs with respect to share-based payments.
The Department of Accounting is licensed to provide credit for Continuing Professional Education by the State Board of Accountancy. Attendees at this conference will receive up to 8 hours of CPE.