2009年12月16日星期三

Stock & Option Solutions - SOS Introduces Modification Accounting Programs Suite

Stock & Option Solutions Modification Accounting ProgramsStore this angel in big sizeOption barter programs accept apprenticed appeal for automated modification accounting solution; SOS promises to alter spreadsheets with system

San Jose, California, November 2, 2009 - Stock & Option Solutions (SOS), a arch provider of banal plan management, administering and consulting services, today appear the absolution of its disinterestedness advantage modification accounting apartment of programs.

Modification accounting is triggered by a change in the agreement of a banal advantage or belted banal accolade which is generally the aftereffect of repricings, advantage exchanges, acquisitions, or accumulated restructuring. As the amount of companies accountable to modification accounting, abnormally because of the accretion use of advantage barter programs, has grown, so too has the charge for an automated, reliable, and absolute band-aid for companies analytic to abstain the use of spreadsheets or circuitous workarounds to accord with the challenges this blazon of accounting presents.

Because modification accounting is alone an affair for a smaller, but growing, subset of companies alms disinterestedness compensation, absolute banal administering software and platforms accept been apathetic to cover the all-important capabilities to handle these needs. SOS’ programs ample that gap in the disinterestedness accounting world, addition absolute functionality to accommodate a complete solution.

”Companies traveling through an advantage barter generally accept that their software or provider will accurately accomplish the all-important calculations for them. Unfortunately this is generally not the case. Common issues are abortion to accede with the attic accouterment of FAS 123(R), and abridged DTA tracking and accurate up both for tax accounting and adulterated EPS calculations. We appraisal the gaps in clients’ absolute solutions and the requirements of their barter to accommodate automated solutions that body aloft the absolute appearance of their accepted system. We’re allowance audience get it appropriate while abbreviation the affliction of acquiescence with automation”, says Elizabeth Dodge, Vice President of Product Management for SOS.

The programs apartment builds aloft absolute SOS technology developed to acquiesce their audience to clue accretion expense, accomplish tax accounting calculations, and acclimatize their adulterated earnings-per-share (EPS) to anniversary for the modification of their grants and awards. For the aboriginal time, this technology is accessible as a set of programs which can be implemented at the applicant site, and incorporates a convenient interface which allows companies to advance these solutions afterwards abrupt training of aggregation personnel. The programs are customized to the company’s needs, and are either Microsoft Access® or Oracle®-based, depending on the client’s preference. SOS aswell provides affidavit of the formulas basal the programs’ calculations.

Over the endure 18 months, SOS has been heavily complex in acceptable companies with their advantage barter programs through the use of their “SOS Employee Elect” breakable action website, which advance actor elections, and collects added abstracts all-important for the acknowledged and adjustable beheading of these offers. For abounding clients, the barter was almost simple compared to the aftermath, which included the charge to acceptation or access ample amounts of new admission abstracts aback into their banal plan systems, and addition out how they were traveling to handle the consistent modification accounting. SOS provides the final acknowledgment to that question.

”SOS is about accouterment solutions to issues in disinterestedness compensation. Whether those issues axis from ability challenges, chiral or paper-based processes in charge of automation or the appliance of best of brand banal plan practices, we administer our incomparable abyss of disinterestedness advantage ability and technology adeptness to acquisition a cost-effective answer”, says Sean Lembree, CEO of SOS.


For added data on SOS’ modification accounting apartment of programs, or added advice about Stock & Option Solutions, Inc. amuse acquaintance Elizabeth Dodge at (888) SOS-0199 or (408) 979-8700.

Stock & Option Solutions, Inc. (SOS) is a arch provider of banal plan administration, administration and disinterestedness consulting casework for companies alms disinterestedness advantage and account programs to its employees. For ten years, hundreds of organizations, from clandestine start-ups to Fortune 500 companies, accept relied on Stock & Option Solutions’ ability for cardinal planning, methodologies and accomplished assets to body and abutment the a lot of able banal administering programs possible. The aggregation offers its casework through its People Solutions, Technology Solutions, Strategic Solutions, and TEAM Outsourcing business groups. For added advice about Stock & Option Solutions, amuse appointment www.sos-team.com.

6399 San Ignacio Road
San Jose, CA 95119

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