Associated Links:

ASA        ESOP Association        NCEO


Presentations:

The Basics of Valuation. Presented by Arlene Ashcraft and Erin Hollis at the ESOP Association’s 2015 Las Vegas Conference and Trade Show.

Evaluating & Analyzing Financial Projections in ESOP Transactions and Valuations. Presented by Donny Springer, Kim Blaugher and Timothy Lee at the ESOP Association’s 2015 Las Vegas Conference and Trade Show.



Planning Compensation and Benefits in an Employee Owned Company. Presented by Donny Springer, Jerry Ripperger and Wendy Gilligan at the NCEO's 2015 Employee Ownership Conference in Denver, Colorado.

Basics of ESOP Stock Valuation. Presented by Donny Springer, Adrian Loud and Michael McGinley at the ESOP Association's 2015 Annual Conference in Washington DC.


Articles & White Papers:

Understanding Your ESOP Appraisal—An In-House Trustee's Viewpoint
by Kathryn F. Aschwald
Understanding your ESOP appraisal may be one of the most difficult challenges of an in-house Trustee. Often, many Trust Committees are made up of individuals with little or no financial background ... download PDF

Appraisal Report Review: Integrating Industry Outlook and Forecasted Performance
by Arlene L. Ashcraft and Donny A. Springer
An annual ESOP appraisal report stands as a testament to the due diligence undertaken to assist the Trustee
in its determination of the fair market value of securities owned by the ESOP ... download PDF

Valuing S Corporation ESOP Companies, S Corporation ESOPs, 4th ed., Chapter 4
by Kathryn F. Aschwald and Donna J. Walker
Since 1998, corporations with employee stock ownership plans (ESOPs) have been eligible to elect S corporation status, and existing S corporations have been eligible to form ESOPs, without nullifying the S corporation election. For 100% ESOP-owned companies, this change in the tax laws effectively eliminates federal income taxation... download PDF

Issue Brief #28, Valuing Synthetic Equity
The ESOP Association has published a third white paper, “Issue Brief #28,” Valuing Synthetic Equity. This white paper is on the ESOP Association website for members. Non-members may purchase it at the ESOP Store for $6.00.

Issue Brief #27, A Framework for Understanding the Impact of Repurchase Obligation on Share Price
The ESOP Association has published a second white paper on Repurchase Obligation as “Issue Brief #27,” A Framework for Understanding the Impact of Repurchase Obligation on Share Price. This white paper is on the ESOP Association website for members. Non-members may purchase it at the ESOP Store for $6.00.

Issue Brief #25, Integrated Relationship of ESOP Repurchase Obligation and Valuation
The ESOP Association has published a white paper on Valuation and Repurchase Obligation as “Issue Brief #25,” Integrated Relationship of ESOP Repurchase Obligation and Valuation. The white paper is on the ESOP Association website for members. Non-members may purchase it at the ESOP Store for $6.00.