Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

FASB issues new guidance on share-based payments

Tammy Whitehouse | June 21, 2018

Companies now have new accounting guidance to follow when accounting for share-based payments to nonemployees.

The Financial Accounting Standards board issued an Accounting Standards Update that tells companies when they are paying non-employees for goods and services in shares, or stock, they should essentially follow the same guidance that’s been in place for several years for similar payments to employees.

ASU 2018-07 revises the accounting for stock compensation in a way that is intended to make it easier and less costly for companies to comply, FASB said. Historic guidance on accounting for share-based payments to non-employees is “...

Buy this article for $49, or subscribe to Compliance Week for a month at $149 and get unlimited article access for 30 days.