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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: October 6, 2018

23 Reviews (67 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.
4
Member's Profile
I believe that the content was very helpful, unfortunately the poor audio and visual quality was distracting. Would recommend remastering the course and adding Excel templates in for easy follow along for increased impact and effectiveness.
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