EASi Adds Drill-Down Link to Reports Making Audits Easier

Jun 03, 2010, 07:00 ET from Equity Administration Solutions, Inc.

PLEASANTON, Calif., June 3 /PRNewswire/ -- Equity Administration Solutions, Inc. (EASi), the leading independent stock plan software company today announced that it is making audits easier for customers by providing drill-down into its comprehensive award detail reports.

Expense accrual reports for option/SARs and restricted-based awards now link to a drill-down into the detail reports providing audit-friendly access into the underlying data. "Having the back-up details for the financial disclosure summary reports gives an auditor greater confidence in the numbers," explained Steve Madeira, Vice President of Operations for EASi.  "True to our strategy, this enhancement is another step to make stock plan management easier."

The expense accrual report makes it easy to audit the prior expense, current expense and unamortized expense for the period.  The detail reports provide information such as forfeiture, service period, per-share fair value, experience group, valuation and prior period expense details for each award. EASi customers can also leverage the platform's role-based access to enable auditors to save time and get access to information they need.  

Equity Administration Solutions, Inc. www.easiadmin.com set the standard in stock plan software with its comprehensive industrial strength platform that handles all the accounting, tax and administration needs of companies that grant equity awards. Headquartered in Pleasanton, CA, EASi continues to lead the industry with second-to-none solutions in areas including FAS123R, IFRS 2, Performance Awards and WorkStream process automation. The company serves more than 500 customers with nearly one million participants in more than 60 countries spanning four continents.  

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SOURCE Equity Administration Solutions, Inc.