On May 11th, the Financial Accounting Standards Board (FASB) released a proposed Accounting Standards Update (ASU) designed to enhance generally accepted accounting principles (GAAP) by including illustrative guidance to help entities determine whether profits interest and similar awards should be considered a share-based payment arrangement within the scope of
Topic 718, Compensation—Stock Compensation. The FASB is inviting interested parties to submit feedback on the proposed update.
Continue reading "FASB Releases Proposal to Clarify Accounting..." »
