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.

AICPA Working Draft of Revised Cheap Stock Practice Aid Issued for Comment

Published on: 28 Mar 2011

Today, the AICPA’s Financial Reporting Executive Committee released for public comment a working draft of a revision of the AICPA’s practice aid Valuation of Privately-Held-Company Equity Securities Issued as Compensation, also known as the “cheap stock” practice aid. Originally issued in 2004, the practice aid provides nonauthoritative guidance on and examples illustrating the valuation of, and disclosures related to, issuances of equity securities as compensation by privately held companies. The working draft includes updates for the many new accounting and valuation issues that have emerged since the practice aid’s original issuance. Comments on the working draft are due by May 31, 2011.

Accounting Journal Entries Image

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.