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FASB issues two proposed ASUs on share-based payment awards and hybrid financial instruments

  • FASB (US Financial Accounting Standards Board) Image

Oct 23, 2013

On October 23, 2013, the FASB issued two proposed Accounting Standards Updates (ASUs) on (1) accounting for share-based payments when the terms of an award provide that a performance target could be achieved after the requisite service period and (2) determining whether the host contract in a hybrid financial instrument issued in the form of a share is more akin to debt or to equity.

The proposed ASUs were issued in response to consensuses-for-exposure reached at the EITF’s September meeting (link to the FASB's Web site). Comments on the proposed ASUs are due by December 23, 2013.

Click on the links below for more information:

  • Proposed ASUCompensation — Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved After the Requisite Service Period (a consensus of the FASB Emerging Issues Task Force) (link to the FASB's Web site).
  • Proposed ASUDerivatives and Hedging (Topic 815): Determining Whether the Host Contract in a Hybrid Financial Instrument Issued in the Form of a Share Is More Akin to Debt or to Equity (a consensus of the FASB Emerging Issues Task Force) (link to the FASB's Web site).
  • Deloitte's October 23, 2013, Accounting Journal Entry: EITF — FASB Issues Two Proposed ASUs in Response to EITF Consensuses Reached.
  • Deloitte's September 2013 EITF Snapshot.

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