Session covers various employee benefit and executive compensation issues that arise in connection with mergers and acquisitions, including strategies for both buyers and sellers to address the issues.
Identify health benefit plan issues in mergers and acquisitions
Develop and assess strategies for addressing the various issues that may arise.
Instructor: Eddie Adkins, Karen Field, Keandra Greene
Track: Advanced Professionals
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.5
Section 162(m) - Understand the changes in section 162(m) and how to preserve some deductions in the future. Considerations for simplifying executive compensation Partner compensation planning - Section 199A issues/Carried Interest issues Section 4960 - Tax exempt entity benefits and the excise tax - planning ahead is better... Inpat Executives - cross-border compensation issues Other hot topics
Describe methods for protecting deductions for future grants under section 162(m)
Recognize inpat executive compensation issues
Analyze company needs for changing compensation programs
Officers and Directors are not always aware of their responsibility for information and oversight. This session will provide information to those who are responsible for their employer’s retirement plan or who want to know the details for the oversight responsibilities and will include information about information to the plan auditor, hiring a plan auditor, hiring the service providers, fidelity bond and fiduciary insurance coverage along with best practices for Administrative or Investment Committees – including the Request For Proposal process.
The responsibilities Officers and Directors have to hire and oversee the plan audit.
What each service provider should bring to the table and how to monitor the providers – and maintain good committee documentation of actions taken.
This session will provide an overview of the accounting for DB and H&W plans based on the guidance from ASC 715-30 and ASC 715-60. It will compare and contrast the accounting for plan sponsors with the accounting for the plans under ASC 960 and ASC 965. The session will also cover the objectives of sponsor accounting, the balance sheet and P&L aspects of the standards, and special situations such as curtailments and settlements.
Evaluate these unique accounting models
Reconstruct sponsor accounting and plan accounting based on ASC 715
Learn about specific audit issues related to plans that previously were not subject to audit, or were audited by another firm.
Understand how events such as plan mergers, plan spin-offs, and change in the number of plan participants, or a newly established plan, may result in an “initial audit” that requires auditing the plan’s opening balances
This session will provide an overview of key changes in the audit and reporting when a plan sponsor of a retirement plan concludes the plan’s termination is imminent. This session will also cover reporting under the liquidation basis of accounting.
Evaluate plan sponsor’s conclusion that termination is imminent
Assess risk factors associated with terminating plan
Formulate reporting under the liquidation basis of accounting
Association of International Certified Professional Accountants
The Association of International Certified Professional Accountants (the Association) is the most influential body of professional accountants, combining the strengths of the American Institute of CPAs (AICPA) and The Chartered Institute of Management Accountants (CIMA) to power opportunity, trust, and prosperity for people, businesses, and economies worldwide.