Equity-Based Compensation for Employees & Non-Employees: The Latest Updates from the FASB Webinar (1.5 Hours)

Equity-Based Compensation for Employees & Non-Employees: The Latest Updates from the FASB Webinar (1.5 Hours)

CPE Credit: 1.5 Hours

Price: $99.00

NASBA Field of Study: Accounting

 

Overview

Equity compensation under ASC 505 and ASC 718 has recently undergone several improvements. In order to simplify accounting under these standards, and to conform the accounting treatment between them, the FASB has issued several standards updates that impact the treatment of settled awards, the amount of withholding that an employee can claim when settling an award, and making the treatment of equity awards for employees and non-employees consistent. All of these are intended to reduce the burden associated with accounting for equity compensation award plans by US public companies.
 

AGENDA HIGHLIGHTS


•  ASC 718, Compensation—Stock Compensation
   – Scope
   – Classification
      – ASC 480
      – Repurchase features
   – Measurement
      – Equity
      – Grant date
      – Liability
   – Expected Term (Non-Public Entities)—ASC 2016-09
   – Recognition
      – Overview
      – Service condition
   – Forfeiture
      – Prior and subsequent to ASU 2016-09
   – Recognition
      – Performance condition
      – Market condition

•  ASC 505, Equity-Based Payments to Non-Employees
   – Scope
   – Classification
   – Measurement
      – Overview

      – Date
   – Recognition

•  Key Changes Under ASU 2018-07
   – Improvements to nonemployee share-base payment accounting

      – Scope
      – Classification
      – Measurement
      – Date
      – Fair value

   – Recognition
   – Vesting conditions
   – Transition 

 

LEARNING OBJECTIVE  To provide financial professionals with an update on the key issues, regulations and accounting rules for
equity-based compensation to employees and non-employees.

PREREQUISITE  None.    ADVANCE PREPARATION  None.    PROGRAM LEVEL  Update.    NASBA FIELD OF STUDY  Accounting.
DELIVERY METHOD  Self-Study.

Speakers

SPEAKER


Jin Koo, Partner, National Accounting, BDO USA, LLP

Detailed Learning Objectives

Recognize those transactions falling within the scope of ASC 718

Identify those awarded financial instruments giving rise to stock-based compensation classified as a liability

Identify the principle method used to measure the value of stock-based compensation under ASC 718

Recognize the date on which the fair value of stock-based compensation is measured

Recognize the accounting implications of forfeiture rates determined at the grant date

Recognize the accounting treatment of conditional performance awards 

Identify the accounting consequences of ASU 2018-07 on non-employee stock-based compensation