On March 21, 2024, the FASB issued Accounting Standards Update (ASU) 2024-01, Compensation—Stock Compensation (Topic 718): Scope Application of Profits Interest and Similar Awards, which provides illustrative guidance to help entities determine whether profits interest and similar awards should be accounted for as share-based payment arrangements within the scope of FASB Accounting Standards Codification (FASB ASC) 718, Compensation—Stock Compensation. Specifically, the amendments in ASU 2024-01 add an illustrative example that includes four fact patterns to demonstrate how an
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ASU 2024-01: Profits interest and similar awards
Mar 24, 2024 · 204 KB Download
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Download the CPEA Alert: ASU 2024-01 - Profits interest and similar awards
File name: CPEA Alert - ASU 2024-01.pdf
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