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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.

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