SAN RAMON, Calif., Dec. 21, 2012 (GLOBE NEWSWIRE) -- Armanino McKenna (www.amllp.com) has more than tripled the number of Equity Management Solutions' clients in the last 12 months. Armanino McKenna provides an integrated set of audit, tax, consulting and technology solutions to a wide range of organizations operating both in the US and globally. Equity Management Solutions brings much-needed discipline and accounting rigor to stock option plans for startups, privately funded companies, and those preparing for IPOs.
Armanino Consulting's Equity Management Solutions provide:
- Automated administration and tracking of awards, vesting and exercising with a SaaS tool
- Set up and maintenance of the technology and staff training
- Periodic independent valuation of common stock (409A) for GAAP and tax purposes
- Quarterly/annual ASC 718 (FAS 123R) reporting
- Technical accounting support and equity footnote and disclosure consulting
- Capitalization Table maintenance and support
"Armanino Consulting collaborates with our clients to help reduce the time they spend on accountant role activities, such as stock option accounting, through essential services like Equity Management Solutions," said Matt Armanino, COO and Partner-in-Charge of CFO Advisory Services for the firm. "This allows CFOs to focus on strategic activities such as exploring opportunities to grow their businesses."
Armanino Consulting leverages cloud-based tools to build repeatable solutions, or be the outsourced solution, for a wide variety of privately-held companies, including Regenesis Biomedical, Inc., Toolwire, Inc., GT Nexus, Inc., and Fischer International Identity, LLC. The firm was named a 2012 Technology Pacesetter by Accounting Today and member of the Bob Scott's VAR Stars for 2012.
Armanino Consulting services clients on a variety of equity administration software solutions, and is a certified Value Added Reseller for EASi, having completed the certification program. Customers benefit from Armanino Consulting's Equity Management Solutions because of the team's ability to provide technical accounting expertise along with software implementation and process customization to develop the right models for their organizations.
Armanino McKenna will sponsor EASi Summit 2013 and provide a presentation entitled, "Make Your Stock Plan Audit-Ready." Additionally, EASi, Armanino, and other sponsors will host pre-IPO events throughout the Bay Area on January 22, 23, and 24.
About Armanino McKenna
Armanino McKenna is the 35th-largest public accounting and business consulting firm in the nation and the fastest-growing firm on the West Coast, according to Accounting Today. Armanino Consulting provides comprehensive services to the CFO organization of fast-growing companies, including Microsoft Dynamics Implementation services, CFO Advisory and Outsourcing services. Armanino Consulting projects a 40% revenue growth rate for its Equity Management Solutions practice in 2012. In addition to its San Ramon headquarters, the company has offices in San Francisco and San Jose, California; Portland, Oregon; Bellevue, Washington; and Naperville, Illinois.