Murdock Martell Expands Its FAS 123R Practice

Mon Jul 6, 2009 1:47pm EDT
 
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Finance and Accounting Services Firm Offers Comprehensive FAS 123R Compliance
Services 
SAN JOSE, Calif.--(Business Wire)--
Murdock Martell, a client-focused finance and accounting services firm, is
expanding its FAS 123R service offerings to include all aspects of compliance
from equity system selection to quarterly and annual compliance. "We are
uniquely qualified to handle this complex compliance issue for our clients. Our
consultants are well versed in a number of the common equity software systems
and extremely knowledgeable in the technical areas," says co-founder Leslie
Murdock. 

Equity related services offered by Murdock Martell include:

* Selection of equity reporting and FAS 123R software 
* Reviewing and insuring the integrity and accuracy of equity records 
* Quarterly and annual compliance 
* Implementing a compliance process and training a company`s internal finance
staff to prospectively handle the compliance effort 
* Assistance with proxy disclosures

Dealing with the Complexities of FAS 123R 

FAS 123R compliance is no simple matter. All companies must recognize an expense
for their equity awards in their financial results. This requires companies to
continuously maintain accurate and complete equity records. There are numerous
assumptions required to arrive at the proper expense amount and the calculations
and methodology will be carefully reviewed by auditors. 

Given the complexity of the FAS 123R Statement, it can pose challenges to any
finance department from the small privately held company to the large public
company. It`s a burden to any finance team that normally occurs at both
quarter-end and year-end when they have the least amount of time to address it. 

Murdock Martell Can Handle It 

Murdock Martell`s experienced consultants can assist companies with their FAS
123R compliance. They are well versed and up-to-date with all of the common
equity software programs and the latest developments from the FASB and SEC.
Since their consulting team assists many companies with their compliance, they
are able to leverage this experience to benefit their clients. 

"We know the problem areas that plague companies and we can anticipate those
difficult queries from the auditors to help you be prepared," says co-founder
Claire Martell. Claire further states: "We can assist you in all areas of
compliance from selecting the right software, reviewing the accuracy of your
equity records, calculating of the expense and writing the disclosure
statements. We can implement the processes that will allow you to comply going
forward." 

About Murdock Martell, Inc. 

Murdock Martell provides finance and accounting solutions to companies ranging
from start-ups to Fortune 500 organizations throughout the San Francisco Bay
Area. Our experienced and highly trained professionals provide measurable value
to our clients with cost-effective solutions. Areas of expertise include SEC
reporting and technical accounting and implementation of enhanced business
management tools in the areas of equity accounting, financial planning and
business metrics. 



Murdock Martell, Inc
Gary Stewart, 408-250-6624
GStewart@MurdockMartell.com
www.murdockmartell.com

Copyright Business Wire 2009

 

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