Improvements to Non-employee Share-Based Payment Accounting
In June 2018, FASB issued Accounting Standards Update No. 2018-07 in an effort to simplify the accounting for share-based payments to non-employees.
The update reflects the Board’s decision to expand the scope of ASC Topic 718 to include share-based payment transactions for acquiring goods and services from non-employees and supersedes Subtopic 505-50.
AIT Consulting provides services in accounting for stock-based compensation programs. Please contact us for more information on our valuation and technical accounting services related to these types of compensation plans.