This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Deloitte comments on proposed improvements to nonemployee share-based payment accounting

Published on: Jun 05, 2017

Deloitte & Touche LLP comments on the FASB's proposed ASU, Improvements to Nonemployee Share-Based Payment Accounting, which was issued in March 2017.

An excerpt from the comment letter is shown below:

We support the Board’s efforts under its simplification initiative to improve aspects of U.S. GAAP that are unnecessarily complex and costly. We believe that the proposed ASU would further that simplification objective and would reduce cost and complexity in financial reporting without adversely affecting the usefulness of the financial statements.

While we believe that most of the guidance on share-based payment arrangements with nonemployees should be aligned with that on such arrangements with employees, there could be significant differences between nonemployee awards and employee awards, particularly related to vesting conditions. Accordingly, we suggest that the Board provide additional clarification and implementation guidance to address those differences.

For more information, see the full text of the comment letter which is available below.


Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.