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| ESOP Basics(160801N) |
Course CPE: 1 hour
Field(s) of Study: Accounting–1 hr
Program Level: Overview
Prerequisites: None required. These overview programs may be appropriate for professionals at all organizational levels.
Advanced Preparation: None
Delivery Method: Self-Study |
Item
Number: 16PEP0801
Shipping Weight: 0lbs. 0oz. |
| Price:
$99.00 |
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Recording Date: August 1, 2016
Presenter: Kelly Finnell; Andrew Holmes
Program Description:
The aging of the baby boom generation has resulted in a large and increasing number of business owners considering ownership succession and liquidity alternatives. While many business owners will pursue traditional strategies such as a sale to a third-party, a management buyout, or leveraged recapitalization, for some business owners a sale to an employee stock ownership plan (ESOP) will be an attractive alternative. ESOPs impose a legal requirement that the subject company's stock be valued as of the date of the transaction and annually thereafter. In this five-part webinar series, you will learn ESOP basics, valuation, legal, accounting, and finance considerations from a group of the top ESOP professionals in the United States, concluding with a discussion of case studies.
This webinar will be an overview of ESOP basics, which will include a discussion about how a business owner can sell his or her business on a tax-free basis and continue to control the company after the sale; how a company can receive a tax deduction for principal payments on a loan and for dividends it pays on its stock; and how a for-profit company can operate as a tax-exempt entity.
After completing this course, you will be able to:
- Identify and describe ESOPs and explain how they work
- Identify the tax advantages that an ESOP provides to a business owner and a sponsoring company
- Determine and demonstrate how an ESOP provides competitive valuation, efficient financing, and retention of control
- Recognize how an ESOP aligns the interests of a business owner and the employees of a company
For more information regarding refund or concerns, please contact our offices at (800) 677-2009.
The Consultants’ Training Institute (CTI) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
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