CPAs and Advisors with Your Growth in Mind

Recap of FASB’s May 4th Meeting

Two weeks ago, the Financial Accounting Standards Board (“FASB”) reviewed its proposed Accounting Standards Update, Government Assistance (Topic 832): Disclosures by Business Entities about Government Assistance, and project concerning nonemployee share-based payment accounting improvements. The FASB discussed feedback received on the proposal related to government assistance disclosures as well as made decisions related to the scope of Topic 718, Compensation—Stock Compensation, the measurement of nonemployee share-based awards, and attributing compensation costs. The FASB’s tentative decisions from its May 4th meeting are available on the Board’s website.

Topics: , , , ,