The Knowledge Group
The Knowledge Group

Equity Administration Solutions, Inc., Named Sponsor at Knowledge Congress' Event on FAS 123R & SAB 107 on 07/07/09

New York, NY, May 29, 2009 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts has announced today that Equity Administration Solutions, Inc., a web-based accounting, tax and administration software will be a sponsor at the Knowledge Congress’ upcoming webcast entitled: “FAS 123R & SAB 107: Understanding Stock-Based Compensation Accounting” This 2-hour event is scheduled for July 7, 2009, Tuesday, at 12:00 PM - 2:00 PM EDT. (For further details of the event and an updated list of panellists, please visit: http://knowledgecongress.org/event_2009_FAS_123R.html)

Event Synopsis:

Under SFAS 123-R, all companies have been required since 2006 to use fair-value accounting for share-based compensation, such as stock options. The change from previous accounting rules caused many companies to re-examine how they use stock options and other forms of executive compensation. The new standard also has been the subject of commentary and clarifications from the FASB and SEC staff regarding valuation methods, application to different kinds of instruments, and effective dates. With many companies’ shares now worth less than the strike price of options granted to employees and executives as incentive compensation, questions about fair valuations are being raised again.

The Knowledge Congress is presenting a distinguished panel of government officials and accounting professionals to discuss accounting for stock-based compensation in today’s uncertain economic climate. The panelists will present their views and reflections on the first three years of reporting under SFAS 123R in a two-hour Live Webcast.

About Equity Administration Solutions, Inc.

EASi provides web-based accounting, tax and administration software that’s redefining the way companies manage and report on equity compensation. EASi continues to be first to market with solutions that help customers save time, save money and meet regulatory and compliance requirements. EASi delivers a complete FAS123R solution; addressing valuation, expensing, tax, dilution and disclosure and is poised to support IFRS 2. EASi’s open broker platform is unmatched in mobility tracking, handling out of period changes, recordkeeping, reporting, auditability and flexibility to meet changing industry requirements. EASi provides US-based corporate support and enables more efficient enterprise collaboration whereby Accounting, Payroll, HR, Legal, Treasury, and Tax can run reports and brokers and transfer agents can handle exercise and settlement transactions to reduce processing time. Nearly 500 public and private companies in 60 countries across all industries rely on EASi for a future proof solution to the challenges of equity compensation management.

For more information about EASi please visit: http://www.easiadmin.com/site/index.aspx

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webcast that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.” To contact or to register to an event, please visit: www.knowledgecongress.org.

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Contact
The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
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