Podcast: Advantages and Disadvantages of ESOPs
Mark Flinchum and Andy Manchir of Katz, Sapper & Miller’s ESOP Services Group, along with Mark Kossow of Clark Hill, join Jim DeLuccia on the “CPA Conversations” podcast hosted by the Pennsylvania Institute of Certified Public Accountants (PICPA).
In this episode, Flinchum, Manchir, and Kossow discuss the advantages and disadvantages of employee stock ownership plans (ESOPs) for companies, sellers, and employees. If you are a CPA with clients who are exploring succession planning and exit strategies, an ESOP could be a valuable option.
Listen to the “CPA Conversations” podcast on your preferred streaming platform:
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.