You join the accounting department of a major tech firm after graduation and are asked to assist in preparing end-of-year adjusting entries to prepare the firm's financial statements for the end of the fiscal year. One major item you discover is a large part of the firm's compensation expense is for stock grants and restricted stock units (RSUs). You are unsure how to account for these and so turn to the codification for guidance. 

What is the accounting for these forms of compensation and how are they presented on the financial statements?

Codification is referring to the FASB Accounting Codification.

Answer rating: 100% (QA)

So there are two things to be addressed here 1 Stock grant for other than restricted units stock bas... View the full answer