ESOP overview for owners, CFOs & CPAs

Phillip DeDominicis

Menke & Associates

Thursday, August 05, 2021 | 02:00 PM EST

  • CPA
  • CVA
  • CMA
  • SHRM
  • ABV
  • CPA(Canada)

Credits: 2 CPE | 2 CE


Subject Area

Business Management and Organization

Webinar Qualifies For

2 CPE for SHRM Professionals (Approval No. 21-92457)

2 CPE credit of Business Management & Organization for all CPAs

2 CPE credit of Accounting for CVAs (NACVA)

2 CPE credit of Performance Management for CMAs

2 CPD credit (Verifiable) for Canadian CPAs

2 CPD credit (Verifiable) of Entity and Specialized Industry Issues for all ABV (AICPA)

2 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Additional Dates

Feb 11, 2021 | 02:00 PM EST Register
Mar 11, 2021 | 02:00 PM EST Register
May 06, 2021 | 02:00 PM EST Register
Jun 10, 2021 | 02:00 PM EST Register
Jul 08, 2021 | 02:00 PM EST Register
Sep 16, 2021 | 02:00 PM EST Register
Oct 07, 2021 | 02:00 PM EST Register
Nov 11, 2021 | 02:00 PM EST Register

Course Description

Started with the perspective of employee benefits, Employee Stock Ownership Plans or ESOPs have been instrumental and productive for businesses serve many purposes such as motivating employees through equity ownership, enhancing productivity, and profitability; creating a market for stock; transfer of ownership from owner-management to the employee-management team, etc. Despite changes in the law regarding the same, ESOPs have stood the test of time. In crucial and challenging times, ESOPs can be used to create key benefits for businesses. 

The webinar provides a broad overview of ESOPs with the following topics:

Key Topics include:

  • Using ESOPs as a business succession tool
  • How ESOPs are structured and financed
  • Typically scenarios where they are used
  • The tax differences and benefits between S corporation and C corporation ESOP owned companies
  • Who runs and controls an ESOP owned business
  • How ESOP shares are valued compared to other sale options
  • How the employees benefit personally and become more productive

This will be a very attractive webinar for the CPAs, Accountants, Finance Professionals, and Other Accounting Professionals who want to enhance their basket of services and grow their organization. 

Learning Objectives

  • To identify when ESOPs may be useful.
  • To recognize basic facts about ESOPs and the benefits they provide owners & employees.
  • To differentiate between C corporation strategies and S corporation strategies.
  • To recognize how ESOPs valuations are derived.
  • To identify the pros and cons of seller financing versus bank financing.

Who Should Attend?

  • Finance Pros
  • Accountant
  • CPA - Small Firm
  • CPA - Mid Size Firm
  • Accounting Firm
  • CPA (Industry)
  • Young CPA
  • Senior Accountant
  • Accounts Director
  • Accounting Managers
  • Staff of Accounting Firm