Murdock Martell Expands Its FAS 123R Practice
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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