SFAS No. 123R, Revised in December 2004 “Share-Based Payment” Recognition Principle Recognize when goods and services are received. Classification (a) Awards classified as equity (b)
Tag: asc
Standards before U.S. GAAP Codification SFAS 87, December 1985 –> Employers’ Accounting for Pensions SFAS 88, December 1985 –> Employers’ Accounting for Settlements and Curtailments
SEC Staff Accounting Bulletin (SAB) No. 104 1. In December 1999: SAB 101 added new Topic 13 to the SAB Codification 2. In December 2003:
Revenue Recognition ASC 605-25 was updated by ASU 2009-13 –> to reflect the contents of EITF 08-1 EITF Issue No. 08-1 “Revenue Recognition with Multiple
Treasury Stock Entity’s own outstanding shares –> repurchased by the entity Presentation of treasury stock Cost of treasury stock is not reported as an asset
Stock Dividends, Stock Splits 1. Issuance of new common shares –> to the existing shareholders 2. Without consideration –> Recipients do not pay for new