NCEO Webinar: Accounting and Valuations for ESOP Companies
Whether your ESOP is newly formed or has been around for a while, understanding the intricacies of financial reporting and managing these complexities is crucial for long-term success.
In KSM’s recent webinar discussion in partnership with the National Center for Employee Ownership (NCEO), Mark Flinchum, Andy Manchir, and Zach Kubly share important accounting tactics to make the most of your plan and provide the knowledge and tools needed to navigate the financial landscape effectively. The session touched on accounting basics for new and established ESOPs, the annual accounting and valuation cycle, and explained the annual ESOP valuation review process. Understanding these topics will help ensure you are well-equipped to optimize your ESOP’s financial performance and achieve your business goals.
Accounting Basics for
Your ESOP's First Year
Learn how to navigate your ESOP’s first year – from first-year contributions and journal entries to your annual valuation.