U.S. GAAP Codification Accounting Standards, ASC

Financial Accounting Review

Principles of AccountingAccounting by Topic Accounting Terms Dictionary

Section 7300: Share-based Payments

[U.S. GAAP Codification Topic]
718 Compensation - stock compensation
718-10 Overall
718-20 Awards classified as equity
718-30 Awards classified as liabilities
718-40 Employee stock ownership plans
718-50 Employee share purchase plans

505-50 Equity-based payments to non-employees

[U.S. GAAP before the Codification]
APB 25, October 1972, Accounting for Stock Issued to Employees, Superseded by SFAS 123(R) in 2004
SFAS 123, October 1995, Accounting for Stock-Based Compensation
SFAS 123(R), December 2004, Share-based Payment
AICPA SOP 93-6, Employers' Accounting for Employee Stock Ownership Plans
FASB Technical Bulletin 97-1, 1997, Accounting under Statement 123 for Certain Employee Stock Purchase Plans with a Look-Back Option

1. Recognition Principle
Recognize when goods and services are received.

2. Classification
(a) Awards classified as equity
(b) Awards classified as liabilities

3. Awards classified as equity
(1) Measurement date: Grant date
(2) Measurement principle
(2a) Employees --> Measured at Fair Value (FV) of Equity Instruments issued
(2b) Nonemployees --> FV of Equity Instruments issued or
--> FV of goods and services if more reliably measured
(3) Compensation costs are recognized over the requisite service period.

4. Awards classified as liabilities
(1) Measurement date: Settlement date
(2) Measurement principle
--> Measured at FV of liabilities
--> Remeasured at each reporting date
--> Until settlement date
(3) Changes in FV of liabilities are recognized as compensation costs
(4) Nonpublic entities have a choice of (4a) or (4b)
(4a) FV of liabilities: preferable
(4b) Intrinsic value

5. If requisite service is rendered, but options are not exercised
--> previously recognized compensation costs are not reversed

6. If performance conditions are satisfied, but market conditions are not satisfied
--> previously recognized compensation costs are not reversed
--> market conditions are not considered as vesting conditions

7. Reload options are not considered in determining the FV at grant date
--> subsequent grant is treated as a separate award

Index of U.S. GAAP Financial Accounting Review

U.S. GAAP by Codification Topics 
 105  GAAP Hierarchy 
 105  GAAP History 

 205  Presentation of Financial Statements 
 205-20 Discontinued Operations 
 210  Balance Sheet 
 210-20 Offsetting 
 220  Comprehensive Income 
 225  Income Statement 
 225-20 Extraordinary and Unusual Items 
 230  Statement of Cash Flows 
 250  Accounting Changes and Error Corrections 
 260  Earnings per Share 
 270  Interim Reporting
 310  Impairment of a Loan
 320  Investment Securities 
 320  Other-Than-Temporary Impairments, FSP FAS 115-2 
 320-10-05 Overview of Investments in Other Entities 
 320-10-35 Reclassification of Investments in Securities
 323-10 Equity Method Investments
 323-30 Investments in Partnerships and Joint Ventures 
 325-20 Cost Method Investments 
 330  Inventory

 340-20 Capitalized Advertising Costs 
 350-20 Goodwill 
 350-30 Intangibles Other than Goodwill 
 350-40 Internal-Use Software 
 350-50 Website Development Costs 
 360  Property, Plant and Equipment
 360-20 Real Estate Sales

 410  Asset Retirement and Environmental Obligations 
 420  Exit or Disposal Cost Obligations 
 450  Contingencies 
 450-20 Loss Contingencies 
 450-30 Gain Contingencies
 480  Redeemable Financial Instruments 

 505-20 Stock Dividends, Stock Splits 
 505-30 Treasury Stock 

 605  SEC Staff Accounting Bulletin, Topic 13 
 605-25 Revenue Recognition - Multiple Element Arrangements 
 715-30 Defined Benefit Plans - Pension
 718  Share-Based Payment 
 730  Research and Development 
 730-20 Research and Development Arrangements 

 805  Business Combinations  
 810  Consolidation 
 810  Noncontrolling Interests 
 810  Consolidation of Variable Interest Entities, SFAS 167 
 815  Derivatives and Hedging Overview 

 820  Fair Value Measurements  
 820  Fair value when the markets are not active, FSP FAS 157-4
 825  Fair Value Option 

 830  Foreign Currency Matters 
 830-20 Foreign Currency Transactions 
 830-30 Translation of Financial Statements 
 835  Interest 
 835-20 Capitalization of Interest 
 835-30 Imputation of Interest 

 840  Leases 
 840-20 Operating Leases 
 840-30 Capital Leases 
 840-40 Sale-Leaseback Transactions
 845  Nonmonetary Transactions 

 855  Subsequent Events 
 860-20 Sale of Financial Assets, SFAS 166 
 860-50 Servicing Assets and Liabilities, SFAS 156 

 985-20 Costs of software to be sold  

Copyright © AccountingInfo.comTM  Legal Disclaimer