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Cap tables are a mystery to most until you actually have to maintain one. During this course we discuss various equity issues, what they mean and how to track them in a cap table that will provide the information we need for GAAP compliance.

This course:

  • Reviews the difference between primary and fully diluted shares and who uses which for what.
  • Identifies various equity transactions throughout a corporate life including founder stock, preferred stock sold to investors, options, warrants, convertible notes, and the nature of each.
  • Explains how to track changes in equity holdings from purchases, sales, transfers, and transaction dates for Rule 144, shareholder meetings, voting and tax purposes.
  • Explains how to tie-in and reconcile primary equity transactions to the relevant general ledger accounting records – common and preferred stock at par, additional paid-in capital.
  • Explores stock option tracking: grants, valuation, vesting, exercises, cancellations, expiration and authorization records.
  • Covers equity related expenses FAS 123R ASC 718 for options, ASC 815 for derivative liabilities in convertible debt and warrants.

Learning Objectives

  • Identify the various equity components employed by companies during their lifetime.
  • How to measure and track these equity components.
  • How they relate to the Company’s financial statements.
Last updated/reviewed: March 15, 2018

22 Reviews (60 ratings)Reviews

4
Anonymous Author
Very good overview but it would have been better if there were 2 additional things: 1). Explanation or flowchart/map of how all those different schedules flowed/tied together, and 2). Spreadsheet of the schedules to follow the formula flows of as the instructor explained each schedule
3
Member's Profile
Good introductory course to Cap.Tables and capital structure. Too much emphasis on using spreadsheets to track all transactions. For more accurate option management a standalone tool will be needed that can be reconciled back to the spreadsheet.
3
Anonymous Author
Until I took this course, I had no idea that capital tracking was so complex. This was a good introduction to the topic.
5
Anonymous Author
Lots of good information, sometimes hard to keep up with presenter when he was describing various charts & information.
5
Member's Profile
Well worth my time. Simon hit on all topics and most importantly, how best to track the necessary data.
5
Member's Profile
Good summary of some basic capitalization vehicles. Nice detail included on how to track in excel.
3
Anonymous Author
A very difficult course. Presentation was also very difficult to understand.
5
Anonymous Author
Great information on managing your capitalization tables. Good examples.
3
Member's Profile
Audio was hard to hear at times. Overall information was useful.
5
Member's Profile
The spreadsheets were good. Instructor seemed very experienced.
5
Member's Profile
A very solid look at a topic they don't teach you in school.
4
Anonymous Author
Could use sample spreadsheets to follow as a template.
4
Member's Profile
Helpful intro - hard time hearing the audio at times.
3
Member's Profile
Hard to hear, difficult to follow. Basic knowledge.
5
Member's Profile
Simon hit the high points of the topic very well.
3
Anonymous Author
Good fundamentals, offset by age of the course.
5
Anonymous Author
Excel sheets used should be provided
4
Anonymous Author
I liked the excel examples
4
Member's Profile
course seemed rushed.
4
Anonymous Author
good overview
4
Anonymous Author
Good course.
4
Member's Profile
Good

Prerequisites

Course Complexity: Advanced

Prerequisite: Experience with US GAAP accounting

 

Advanced Preparation: None

 

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
STOCKS
  13:06Key Tracking Elements
  7:40Common Stock
  6:35Preferred Stock
OPTIONS AND TRACKING
  5:40Options
  11:23Tracking and Conclusion
Continuous Play
  54:59Effective Cap Table Management for GAAP
SUPPORTING MATERIALS
  PDFCap Tables and Corp. Stock Mgt. Slides
  PDFEffective Cap Table Management Glossary/Index
REVIEW & TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM