EASi Expands IFRS2 Support to Include DTA and Common Equivalents

Newest Functionality Enables Compliance with Global Regulatory Initiative

Mar 14, 2011, 07:00 ET from Equity Administration Solutions, Inc.

PLEASANTON, Calif., March 14, 2011 /PRNewswire/ -- Equity Administration Solutions, Inc. (EASi), the leading broker-independent stock plan management SaaS company, today announced it has expanded its IFRS2 support to include accounting for deferred tax assets.  EASi also introduced the ability to calculate dilutive earnings per share under IFRS2.

EASi first introduced support for IFRS2 expense reporting in September of 2009, giving customers the choice of running reports under either FAS or IFRS2.  The company continues to develop compliance solutions for its customers worldwide and plans to introduce support for 10K and 10Q disclosure later this year.

"We are dedicated to ensuring that our customers have a future-proof solution to the challenges of equity compensation management," said Mark Ebersole, Chief Technology Officer for EASi.  "We pride ourselves on delivering timely functionality that helps companies reduce risk, eliminate manual processes and meet disclosure and compliance requirements."

Equity Administration Solutions, Inc. www.easiadmin.com is the SaaS company that set the standard in stock plan solutions with its comprehensive industrial strength platform that handles all the accounting, tax, administration, reporting and compliance needs of companies that grant equity awards. Unlike solution providers in the brokerage business, EASi remains broker-independent and offers customers multiple ways to connect to their broker of choice.  Headquartered in Pleasanton, CA, EASi serves more than 600 companies and continues to lead the industry with second-to-none solutions in areas including FAS123R, IFRS 2, Performance Awards, material modifications and WorkStream process automation. In 2010 Inc. Magazine ranked EASi 35th in the Financial Services industry segment and in the top 12% on its annual list of fastest growing private companies in America.

Contact: Amy Damianakes



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SOURCE Equity Administration Solutions, Inc.