Determine whether each of the following falls in scope under ASC 718, ASC 505 or elsewhere: Employee

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Determine whether each of the following falls in scope under ASC 718, ASC 505 or elsewhere:

Employee given stock as part of his compensation for work performed

Stock awards given for work outside scope of normal employment activity

What if a director gets stock awards

Posted Date: Sep 24, 2021 01:30 AM

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Determine whether each of the following falls in scope under ASC 718, ASC 505 or elsewhere: Employee

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Expert Answer:

The objective of the guidance in ASC 718 is to recognize the fair value of employee services received in exchange for equity instruments issued or liabilities incurred as the employee provides the rel... View the full answer

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