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Employee share-based payment accounting improvements

The objective of this project is to simplify the accounting for share-based payment awards issued to employees for public and private companies.

Meeting minutes

FASB Board discussions regarding this project are found in the following meeting minutes:
  • October 5, 2016 — The Board discussed the scope of modification accounting in Topic 718.
  • November 23, 2015 — The Board completed redeliberations of its proposed ASU.
  • February 4, 2015 — The Board discussed transition methods and transition disclosures related to simplified accounting for share-based payments.
  • December 17, 2014 — The Board made tentative decisions about several practical expedients that may be extended to private companies to simplify the accounting for share-based payment awards.
  • December 10, 2014 — The Board considered whether to simplify private-company accounting for share-based payments “by providing one or more practical expedients.”
  • October 8, 2014 — The Board added this project to its technical agenda.
  • September 10, 2014 — The Board discussed potential improvements to share-based payment awards.

Current status

On October 5, 2016, the FASB decided to amend the scope of modification accounting in ASC 718, Compensation — Stock Compensation, and made tentative decisions on the related disclosures and transition. The Board directed its staff to draft a proposed ASU, which is expected to be issued later this year.

Project milestones

Date Developments Comments
October 8, 2014 Project was added to the FASB's technical agenda.
June 8, 2015 Proposed ASU, Compensation — Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. Comments due August 14, 2015.
March 30, 2016 Effective
December 15, 2016, for public business entities.


Correction list for hyphenation

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