Equity Compensation Services

Expensing

Financial Intelligence knows that every client’s current platform accurately accounts for the majority of their grants, so we do not change what already works. Instead we create custom automated solutions for anything that doesn’t work and then seamlessly integrate all of the data into cohesive and complete results.

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Quarterly Accounting & Reporting

Financial Intelligence combines its extensive experience, outstanding Client service and solution-based processing to meet all of our clients’ quarterly equity compensation accounting and finance needs. We help each client streamline their quarterly close with accurate and efficient processes that are custom designed for them.

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Tax Accounting

Our settlement processes are completed at the tranche level so that the appropriate expense is allocated for grants with variable accounting or modifications. For all pre-adoption (FAS 123R) grants, the settlement reports include APIC pool calculations that are consistent with the Client’s method of accounting the pool of excess tax benefits on the adoption date. For settlements of replacement grants, we include the unsettled deferred tax assets (DTA) from the applicable exchanged grants.

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Forecasting

Financial Intelligence provides expense forecasts for outstanding options and restricted stock as well as for awards that are expected to be granted in the future. Our flexible forecasting model applies assumed fair values for all future grants and expected forfeiture rates may be changed for each forecasted period. For those grants with custom expensing, we extend the expensing solution in to the forecasting model.

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Purchase Accounting

Financial Intelligence provides accurate purchase accounting reports for all outstanding and acquired share-based awards based on the closing date of the acquisition. For acquisition dates before the adoption of SFAS 141R (fiscal years beginning before December 15, 2008), our processes were developed from guidance in SFAS 141, FIN 44, EITF 00-23 and SFAS 123R, as applicable. For all others, we employ guidance from SFAS 141R and SFAS 123R. All accounting literature references are pre-codification.

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Valuations

For options, Financial Intelligence provides assumption development and valuation services to support all models and circumstances. With restricted stock awards, for Clients that pay dividends and grant restricted stock units, we compute the grant date fair value net of the present value of the lost dividend stream.

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SOX Reconciliations

The integrity of each client’s data from period to period and throughout the quarterly close process must be assured. Financial Intelligence provides SOX reconciliation reports at key points in the equity compensation quarterly close process.

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Disclosures & Dilution

Financial Intelligence provides detailed and summary reports for all required A240 financial statement disclosures and for option, restricted stock and ESPP common equivalents using the Treasury Stock method. All of our reports include calculations for each of your specific solutions, including accrual adjustments that are included in our system. We merge those results with the accounting platform results for your “plain vanilla” grants.

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